Sandvik AB (Sandvik AB) Construction In Progress : $0 Mil (As of Mar. 2024)

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What is Sandvik AB Construction In Progress?

Sandvik AB's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($299 Mil) but then declined from Dec. 2023 ($299 Mil) to Mar. 2024 ($0 Mil).

Sandvik AB's annual construction in progress declined from Dec. 2021 ($307 Mil) to Dec. 2022 ($291 Mil) but then increased from Dec. 2022 ($291 Mil) to Dec. 2023 ($299 Mil).

Sandvik AB Construction In Progress Historical Data

The historical data trend for Sandvik AB'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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Sandvik AB Construction In Progress Chart

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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281.69

293.91

306.61

290.71

299.19

Sandvik AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	299.19	-

Sandvik AB 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.

Sandvik AB (Sandvik AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SDVKY:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.