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Sulzer AG (XSWX:SUN) Construction In Progress : CHF40 Mil (As of Dec. 2023)


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What is Sulzer AG Construction In Progress?

Sulzer AG's quarterly construction in progress declined from Dec. 2022 (CHF36 Mil) to Jun. 2023 (CHF0 Mil) but then increased from Jun. 2023 (CHF0 Mil) to Dec. 2023 (CHF40 Mil).

Sulzer AG's annual construction in progress declined from Dec. 2021 (CHF44 Mil) to Dec. 2022 (CHF36 Mil) but then increased from Dec. 2022 (CHF36 Mil) to Dec. 2023 (CHF40 Mil).

Sulzer AG Construction In Progress Historical Data

The historical data trend for Sulzer 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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Sulzer AG Construction In Progress Chart

Sulzer 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 71.50 89.30 43.60 36.10 39.90

Sulzer 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 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 43.60 - 36.10 - 39.90

Sulzer 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.

Sulzer AG (XSWX:SUN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sulzer AG (XSWX:SUN) » Definitions » Construction In Progress
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Traded in Other Exchanges
SUNz:UK 0QQ9:UK
Address
Neuwiesenstrasse 15, Winterthur, CHE, 8401
Website
https://www.sulzer.com
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.