Saras SpA (Saras SpA) Construction In Progress : $173 Mil (As of Mar. 2024)

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What is Saras SpA Construction In Progress?

Saras SpA's quarterly construction in progress declined from Sep. 2023 ($184 Mil) to Dec. 2023 ($156 Mil) but then increased from Dec. 2023 ($156 Mil) to Mar. 2024 ($173 Mil).

Saras SpA's annual construction in progress declined from Dec. 2021 ($195 Mil) to Dec. 2022 ($121 Mil) but then increased from Dec. 2022 ($121 Mil) to Dec. 2023 ($156 Mil).

Saras SpA Construction In Progress Historical Data

The historical data trend for Saras SpA'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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Saras SpA Construction In Progress Chart

Saras SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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275.89

299.84

195.49

120.93

155.63

Saras SpA 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															144.53	225.56	183.54	155.63	172.78

Saras SpA 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.

Saras SpA (Saras SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saras SpA (OTCPK:SAAFF) » Definitions » Construction In Progress

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Traded in Other Exchanges

SAAFY:USA SRS:Italy SRSm:UK 0O2D:UK

Address

S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018

Website

https://www.saras.it

Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.