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SK Telecom Co (SK Telecom Co) Construction In Progress : $584 Mil (As of Dec. 2023)


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SK Telecom Co Construction In Progress Definition

SK Telecom Co's quarterly construction in progress declined from Jun. 2023 ($494 Mil) to Sep. 2023 ($457 Mil) but then increased from Sep. 2023 ($457 Mil) to Dec. 2023 ($584 Mil).

SK Telecom Co's annual construction in progress increased from Dec. 2021 ($649 Mil) to Dec. 2022 ($827 Mil) but then declined from Dec. 2022 ($827 Mil) to Dec. 2023 ($584 Mil).

SK Telecom Co Construction In Progress Historical Data

SK Telecom Co Construction In Progress Chart

The historical data trend for SK Telecom Co'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.

* Premium members only.

SK Telecom Co 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 643.15 603.30 648.50 826.66 584.15

SK Telecom Co 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 826.66 527.87 494.22 457.07 584.15

SK Telecom Co 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.

SK Telecom Co (SK Telecom Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SK Telecom Co Ltd (NYSE:SKM) » Definitions » Construction In Progress
Comparable Companies
XKRX:030200 XKRX:032640 XKRX:093320 XKRX:122830 XKRX:006490 XKRX:036630 XKRX:065530 XKRX:058860 XKRX:078000 XKRX:031310 TMUS SHSE:600941 VZ CMCSA T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9984 HKSE:00728
Traded in Other Exchanges
017670:Korea KMBA:Germany S1KM34:Brazil
Address
SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
Website
https://www.sktelecom.com
SK Telecom is South Korea's largest wireless telecom operator, with 30 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.9 million broadband customers and 9.5 million pay TV customers (6.8 million IPTV and 2.7 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.