VBG Group AB (OSTO:VBG B) Construction In Progress : kr25 Mil (As of Mar. 2024)

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What is VBG Group AB Construction In Progress?

VBG Group AB's quarterly construction in progress declined from Sep. 2023 (kr50 Mil) to Dec. 2023 (kr15 Mil) but then increased from Dec. 2023 (kr15 Mil) to Mar. 2024 (kr25 Mil).

VBG Group AB's annual construction in progress increased from Dec. 2021 (kr8 Mil) to Dec. 2022 (kr30 Mil) but then declined from Dec. 2022 (kr30 Mil) to Dec. 2023 (kr15 Mil).

VBG Group AB Construction In Progress Historical Data

The historical data trend for VBG Group 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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VBG Group AB Construction In Progress Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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26.94

8.05

8.30

29.63

14.93

VBG Group 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															37.10	33.40	49.60	14.93	25.30

VBG Group 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.

VBG Group AB (OSTO:VBG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (OSTO:VBG B) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KU4:Germany

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (OSTO:VBG B) Headlines

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