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IPSCO Tubulars (IPSCO Tubulars) Construction In Progress : $0.0 Mil (As of Sep. 2017)


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What is IPSCO Tubulars Construction In Progress?

IPSCO Tubulars's quarterly construction in progress increased from Dec. 2015 ($22.7 Mil) to Dec. 2016 ($30.1 Mil) but then declined from Dec. 2016 ($30.1 Mil) to Sep. 2017 ($0.0 Mil).

IPSCO Tubulars's annual construction in progress increased from . 20 ($0.0 Mil) to Dec. 2015 ($22.7 Mil) and increased from Dec. 2015 ($22.7 Mil) to Dec. 2016 ($30.1 Mil).


IPSCO Tubulars Construction In Progress Historical Data

The historical data trend for IPSCO Tubulars'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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IPSCO Tubulars Construction In Progress Chart

IPSCO Tubulars Annual Data
Trend Dec15 Dec16
Construction In Progress
22.73 30.11

IPSCO Tubulars Quarterly Data
Dec15 Dec16 Sep17
Construction In Progress 22.73 30.11 -

IPSCO Tubulars 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.


IPSCO Tubulars (IPSCO Tubulars) Business Description

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IPSCO Tubulars Inc produces and supplies seamless and welded oil country tubular goods (OCTG) with a suite of connections to North American oil and gas exploration and production companies. The company's product portfolio comprises of seamless and welded line, standard and industrial pipes as well as line pipes and mechanical tubing. The firm's products are used in various applications such as machine building, power generation, automobile production, agricultural, commercial construction and automotive industries. Geographically the company receives maximum revenue from the United States.