Martinrea International (Martinrea International) Construction In Progress : $231 Mil (As of Dec. 2023)

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What is Martinrea International Construction In Progress?

Martinrea International's quarterly construction in progress declined from Jun. 2023 ($310 Mil) to Sep. 2023 ($253 Mil) and declined from Sep. 2023 ($253 Mil) to Dec. 2023 ($231 Mil).

Martinrea International's annual construction in progress increased from Dec. 2021 ($235 Mil) to Dec. 2022 ($294 Mil) but then declined from Dec. 2022 ($294 Mil) to Dec. 2023 ($231 Mil).

Martinrea International Construction In Progress Historical Data

The historical data trend for Martinrea International's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Martinrea International Construction In Progress Chart

Martinrea International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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189.03

206.19

235.19

293.77

231.39

Martinrea International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															293.77	279.92	310.08	253.15	231.39

Martinrea International Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Martinrea International (Martinrea International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (OTCPK:MRETF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

03M:Germany MRE:Canada

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.