Snap (CHIX:1SID) Construction In Progress : €0 Mil (As of Sep. 2024)

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What is Snap Construction In Progress?

Snap's annual construction in progress increased from Dec. 2021 (€39 Mil) to Dec. 2022 (€76 Mil) and increased from Dec. 2022 (€76 Mil) to Dec. 2023 (€83 Mil).

Snap Construction In Progress Historical Data

The historical data trend for Snap'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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Snap Construction In Progress Chart

Snap Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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7.37

22.43

39.21

75.77

82.57

Snap Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															-	82.57	-	-	-

Snap 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.

Snap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snap Inc (CHIX:1SId) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SNAP:USA SNAP:Mexico 1SNAP:Italy 1SI:Germany SNAP:Austria SNAP:Argentina

Address

3000 31st Street, Santa Monica, CA, USA, 90405

Website

https://www.snap.com

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.

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