Schoeller-Bleckmann Oilfield Equipment AG (WBO:SBO) Construction In Progress : €6.0 Mil (As of Dec. 2023)

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What is Schoeller-Bleckmann Oilfield Equipment AG Construction In Progress?

Schoeller-Bleckmann Oilfield Equipment AG's quarterly construction in progress stayed the same from Jun. 2023 (€0.0 Mil) to Sep. 2023 (€0.0 Mil) but then increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€6.0 Mil).

Schoeller-Bleckmann Oilfield Equipment AG's annual construction in progress declined from Dec. 2021 (€8.9 Mil) to Dec. 2022 (€3.5 Mil) but then increased from Dec. 2022 (€3.5 Mil) to Dec. 2023 (€6.0 Mil).

Schoeller-Bleckmann Oilfield Equipment AG Construction In Progress Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment 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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Schoeller-Bleckmann Oilfield Equipment AG Construction In Progress Chart

Schoeller-Bleckmann Oilfield Equipment AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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12.75

10.14

8.90

3.51

6.02

Schoeller-Bleckmann Oilfield Equipment 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															3.51	-	-	-	6.02

Schoeller-Bleckmann Oilfield Equipment 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.

Schoeller-Bleckmann Oilfield Equipment AG (WBO:SBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Schoeller-Bleckmann Oilfield Equipment AG (WBO:SBO) » Definitions » Construction In Progress

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Traded in Other Exchanges

0O05:UK SLL:Germany

Address

Hauptstrasse 2, Ternitz, AUT, A-2630

Website

https://www.sbo.at

Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment.

Executives

Mag. Klaus Mader	Board of Directors
Dr. Wolfram Littich	Supervisory Board

Schoeller-Bleckmann Oilfield Equipment AG (WBO:SBO) Headlines

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