Wheels India (BOM:590073) Construction In Progress : ₹775 Mil (As of Mar. 2024)

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What is Wheels India Construction In Progress?

Wheels India's quarterly construction in progress declined from Sep. 2023 (₹1,092 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹775 Mil).

Wheels India's annual construction in progress declined from Mar. 2022 (₹1,255 Mil) to Mar. 2023 (₹1,139 Mil) and declined from Mar. 2023 (₹1,139 Mil) to Mar. 2024 (₹775 Mil).

Wheels India Construction In Progress Historical Data

The historical data trend for Wheels India'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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Wheels India Construction In Progress Chart

Wheels India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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1,977.10

1,138.60

1,255.10

1,139.30

774.70

Wheels India 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															1,139.30	-	1,091.90	-	774.70

Wheels India 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.

Wheels India (BOM:590073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wheels India Ltd (BOM:590073) » Definitions » Construction In Progress

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WHEELS:India

Address

M.T.H. Road, Padi, Chennai, TN, IND, 600 050

Website

https://www.wheelsindia.com

Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into Automotive Components and Industrial Components segment. The automotive company segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment; however, the group is also engaged in the manufacturing suspension products for the vehicles. The industrial segment includes components and structures for windmills, railways and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.

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