SMC (SMECF) Construction In Progress : $0 Mil (As of Dec. 2023)

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What is SMC Construction In Progress?

SMC's annual construction in progress increased from Mar. 2021 ($283 Mil) to Mar. 2022 ($435 Mil) but then declined from Mar. 2022 ($435 Mil) to Mar. 2023 ($370 Mil).

SMC Construction In Progress Historical Data

The historical data trend for SMC'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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SMC Construction In Progress Chart

SMC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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207.05

232.65

282.77

435.08

370.34

SMC 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															-	370.34	-	-	-

SMC 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.

SMC (SMECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SMC Corp (OTCPK:SMECF) » Definitions » Construction In Progress

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Traded in Other Exchanges

SMCAY:USA 6273:Japan QMC:Germany

Address

4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.smcworld.com

SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

From GuruFocus

First Eagle Investments Comments on SMC Corp

By Holly LaFon Holly LaFon • 10-24-2016

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By Sydnee Gatewood Sydnee Gatewood • 10-24-2019