Siemens AG (BUE:SIEGY) Construction In Progress : ARS0 Mil (As of Dec. 2023)

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What is Siemens AG Construction In Progress?

Siemens AG's quarterly construction in progress increased from Jun. 2023 (ARS0 Mil) to Sep. 2023 (ARS484,029 Mil) but then declined from Sep. 2023 (ARS484,029 Mil) to Dec. 2023 (ARS0 Mil).

Siemens AG's annual construction in progress increased from Sep. 2021 (ARS121,362 Mil) to Sep. 2022 (ARS186,963 Mil) and increased from Sep. 2022 (ARS186,963 Mil) to Sep. 2023 (ARS484,029 Mil).

Siemens AG Construction In Progress Historical Data

The historical data trend for Siemens AG'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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Siemens AG Construction In Progress Chart

Siemens AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Construction In Progress

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89,986.66

64,358.82

121,362.23

186,963.41

484,029.05

Siemens AG 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															-	-	-	484,029.05	-

Siemens AG 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.

Siemens AG (BUE:SIEGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (BUE:SIEGY) » Definitions » Construction In Progress

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Traded in Other Exchanges

SMAWF:USA SIEGY:USA SIE:Mexico SIE:Italy SIEMENS:Hungary SIEd:UK 0P6M:UK SIE:Germany SIEB:Germany SIE:Germany SIE:Germany SIEB:Germany SIE:Germany SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.