Howmet Aerospace (Howmet Aerospace) Construction In Progress : $218.00 Mil (As of Mar. 2024)

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What is Howmet Aerospace Construction In Progress?

Howmet Aerospace's quarterly construction in progress increased from Sep. 2023 ($201.00 Mil) to Dec. 2023 ($224.00 Mil) but then declined from Dec. 2023 ($224.00 Mil) to Mar. 2024 ($218.00 Mil).

Howmet Aerospace's annual construction in progress declined from Dec. 2021 ($182.00 Mil) to Dec. 2022 ($179.00 Mil) but then increased from Dec. 2022 ($179.00 Mil) to Dec. 2023 ($224.00 Mil).

Howmet Aerospace Construction In Progress Historical Data

The historical data trend for Howmet Aerospace'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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Howmet Aerospace Construction In Progress Chart

Howmet Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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415.00

208.00

182.00

179.00

224.00

Howmet Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															172.00	190.00	201.00	224.00	218.00

Howmet Aerospace 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.

Howmet Aerospace (Howmet Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (NYSE:ARNCPRB.PFD) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

HWM.PR.PFD:USA HWM:USA 48Z:Germany HWMCL:Chile HWM:Austria

Address

201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872

Website

https://www.howmet.com

Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.