MTU Aero Engines AG (MTU Aero Engines AG) Construction In Progress : $197 Mil (As of Dec. 2023)

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What is MTU Aero Engines AG Construction In Progress?

MTU Aero Engines AG's quarterly construction in progress declined from Dec. 2022 ($303 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($197 Mil).

MTU Aero Engines AG's annual construction in progress increased from Dec. 2021 ($267 Mil) to Dec. 2022 ($303 Mil) but then declined from Dec. 2022 ($303 Mil) to Dec. 2023 ($197 Mil).

MTU Aero Engines AG Construction In Progress Historical Data

The historical data trend for MTU Aero Engines 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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MTU Aero Engines AG Construction In Progress Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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223.33

187.35

266.67

302.97

197.38

MTU Aero Engines AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															266.67	-	302.97	-	197.38

MTU Aero Engines 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.

MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MTUAY:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

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