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Southwest Airlines Co (WBO:LUV) Construction In Progress : €363 Mil (As of Mar. 2024)


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What is Southwest Airlines Co Construction In Progress?

Southwest Airlines Co's quarterly construction in progress declined from Sep. 2023 (€323 Mil) to Dec. 2023 (€216 Mil) but then increased from Dec. 2023 (€216 Mil) to Mar. 2024 (€363 Mil).

Southwest Airlines Co's annual construction in progress increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€355 Mil) but then declined from Dec. 2022 (€355 Mil) to Dec. 2023 (€216 Mil).

Southwest Airlines Co Construction In Progress Historical Data

The historical data trend for Southwest Airlines 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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Southwest Airlines Co Construction In Progress Chart

Southwest Airlines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.20 250.71 - 354.94 216.41

Southwest Airlines 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 264.32 299.05 323.27 216.41 363.40

Southwest Airlines 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.

Southwest Airlines Co (WBO:LUV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Southwest Airlines Co (WBO:LUV) » Definitions » Construction In Progress
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Traded in Other Exchanges
LUV:USA LUV:Mexico SWN:Germany S1OU34:Brazil
Address
P.O. Box 36611, Dallas, TX, USA, 75235-1611
Website
https://www.southwest.com
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.