Shibaura Machine Co (Shibaura Machine Co) Construction In Progress : $10 Mil (As of Dec. 2023)

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What is Shibaura Machine Co Construction In Progress?

Shibaura Machine Co's quarterly construction in progress increased from Jun. 2023 ($3 Mil) to Sep. 2023 ($7 Mil) and increased from Sep. 2023 ($7 Mil) to Dec. 2023 ($10 Mil).

Shibaura Machine Co's annual construction in progress declined from Mar. 2022 ($7 Mil) to Mar. 2023 ($3 Mil) but then increased from Mar. 2023 ($3 Mil) to Mar. 2024 ($17 Mil).

Shibaura Machine Co Construction In Progress Historical Data

The historical data trend for Shibaura Machine Co'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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Shibaura Machine Co Construction In Progress Chart

Shibaura Machine Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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1.25

4.36

7.10

3.35

17.13

Shibaura Machine Co 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															3.35	3.42	6.66	10.12	17.13

Shibaura Machine Co 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.

Shibaura Machine Co (Shibaura Machine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shibaura Machine Co Ltd (OTCPK:TSHMF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

6104:Japan TOA:Germany

Address

2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510

Website

http://www.toshiba-machine.co.jp

Shibaura Machine is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

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