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Schindler Holding AG (Schindler Holding AG) Construction In Progress : $0 Mil (As of Mar. 2024)


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What is Schindler Holding AG Construction In Progress?

Schindler Holding AG's quarterly construction in progress increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($45 Mil) but then declined from Dec. 2023 ($45 Mil) to Mar. 2024 ($0 Mil).

Schindler Holding AG's annual construction in progress declined from Dec. 2021 ($45 Mil) to Dec. 2022 ($38 Mil) but then increased from Dec. 2022 ($38 Mil) to Dec. 2023 ($45 Mil).


Schindler Holding AG Construction In Progress Historical Data

The historical data trend for Schindler Holding 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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Schindler Holding AG Construction In Progress Chart

Schindler Holding AG 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 78.36 49.53 44.52 37.57 45.10

Schindler Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 37.57 - - 45.10 -

Schindler Holding 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.


Schindler Holding AG (Schindler Holding AG) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (Schindler Holding AG) Headlines

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