Zimmer Biomet Holdings (WBO:ZBH) Construction In Progress : €184 Mil (As of Dec. 2023)

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What is Zimmer Biomet Holdings Construction In Progress?

Zimmer Biomet Holdings's quarterly construction in progress increased from Jun. 2023 (€183 Mil) to Sep. 2023 (€228 Mil) but then declined from Sep. 2023 (€228 Mil) to Dec. 2023 (€184 Mil).

Zimmer Biomet Holdings's annual construction in progress increased from Dec. 2021 (€103 Mil) to Dec. 2022 (€136 Mil) and increased from Dec. 2022 (€136 Mil) to Dec. 2023 (€184 Mil).

Zimmer Biomet Holdings Construction In Progress Historical Data

The historical data trend for Zimmer Biomet Holdings'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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Zimmer Biomet Holdings Construction In Progress Chart

Zimmer Biomet Holdings Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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134.37

103.00

102.93

136.03

183.95

Zimmer Biomet Holdings 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															136.03	146.17	183.31	227.50	183.95

Zimmer Biomet Holdings 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.

Zimmer Biomet Holdings (WBO:ZBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zimmer Biomet Holdings Inc (WBO:ZBH) » Definitions » Construction In Progress

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Traded in Other Exchanges

ZBH:USA ZIM:Germany

Address

345 East Main Street, Warsaw, IN, USA, 46580

Website

https://www.zimmerbiomet.com

Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two thirds of total revenue is derived from sales of large joints, another quarter comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.