Carl Zeiss Meditec AG (LTS:0DHC) Construction In Progress : €0 Mil (As of Dec. 2023)

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What is Carl Zeiss Meditec AG Construction In Progress?

Carl Zeiss Meditec AG's quarterly construction in progress increased from Jun. 2023 (€0 Mil) to Sep. 2023 (€65 Mil) but then declined from Sep. 2023 (€65 Mil) to Dec. 2023 (€0 Mil).

Carl Zeiss Meditec AG's annual construction in progress increased from Sep. 2021 (€22 Mil) to Sep. 2022 (€35 Mil) and increased from Sep. 2022 (€35 Mil) to Sep. 2023 (€65 Mil).

Carl Zeiss Meditec AG Construction In Progress Historical Data

The historical data trend for Carl Zeiss Meditec AG'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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Carl Zeiss Meditec AG Construction In Progress Chart

Carl Zeiss Meditec AG Annual Data

Trend

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Sep23

Construction In Progress

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5.62

15.51

22.17

34.85

65.11

Carl Zeiss Meditec AG 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															-	-	-	65.11	-

Carl Zeiss Meditec AG 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.

Carl Zeiss Meditec AG (LTS:0DHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Carl Zeiss Meditec AG (LTS:0DHC) » Definitions » Construction In Progress

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CZMWY:USA CZMWF:USA 1AFX:Italy AFXd:UK AFX:Germany AFX:Austria

Address

Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745

Website

https://www.zeiss.com

Carl Zeiss Meditec is one of the largest medical technology companies in the world and it operates in two segments: Ophthalmic devices and Microsurgery. OPT, which made up 75% of sales in 2022, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.

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