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International Flavors & Fragrances (FRA:IFF) Construction In Progress : €367 Mil (As of Dec. 2023)


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What is International Flavors & Fragrances Construction In Progress?

International Flavors & Fragrances's quarterly construction in progress declined from Jun. 2023 (€542 Mil) to Sep. 2023 (€464 Mil) and declined from Sep. 2023 (€464 Mil) to Dec. 2023 (€367 Mil).

International Flavors & Fragrances's annual construction in progress increased from Dec. 2021 (€408 Mil) to Dec. 2022 (€613 Mil) but then declined from Dec. 2022 (€613 Mil) to Dec. 2023 (€367 Mil).

International Flavors & Fragrances Construction In Progress Historical Data

The historical data trend for International Flavors & Fragrances'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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International Flavors & Fragrances Construction In Progress Chart

International Flavors & Fragrances 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 169.31 111.79 407.99 612.66 366.80

International Flavors & Fragrances 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 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 612.66 597.76 541.80 463.82 366.80

International Flavors & Fragrances 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.

International Flavors & Fragrances (FRA:IFF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (FRA:IFF) » Definitions » Construction In Progress
Comparable Companies
WLK AVTR ALB RPM DD EMN LYB PPG AXTA OLN LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 BOM:500820 ISX:TPIA
Traded in Other Exchanges
IFF:USA I1FF34:Brazil I1CE34:Brazil IFF:Austria IFF:Argentina
Address
521 West 57th Street, New York, NY, USA, 10019-2960
Website
https://www.iff.com
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.