IMI (FRA:IMI1) Construction In Progress : €41 Mil (As of Dec. 2023)

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What is IMI Construction In Progress?

IMI's quarterly construction in progress declined from Dec. 2022 (€36 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€41 Mil).

IMI's annual construction in progress increased from Dec. 2021 (€31 Mil) to Dec. 2022 (€36 Mil) and increased from Dec. 2022 (€36 Mil) to Dec. 2023 (€41 Mil).

IMI Construction In Progress Historical Data

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

IMI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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23.12

18.67

31.31

35.64

40.98

IMI 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															31.31	-	35.64	-	40.98

IMI 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.

IMI (FRA:IMI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMI plc (FRA:IMI1) » Definitions » Construction In Progress

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IMIUY:USA IMIAF:USA IMIl:UK IMI:UK

Address

Lakeside, Solihull Parkway, Birmingham Business Park, Birmingham, GBR, B37 7XZ

Website

https://www.imiplc.com

IMI plc is a specialized engineering company that manufactures and services products for controlling the movement of air and fluids. It develops technologies centered around valves and actuators to improve processes. The company's segments are grouped into five sectors: Process Automation, Industrial Automation, Life Science and Fluid Control, Climate Control, and Transport. Solutions can help with power generation in nuclear power plants, fuel delivery, or provide heating and cooling systems to various buildings. Customers work in energy, transportation, infrastructure, and other industrial sectors. It operates a global service network to provide maintenance and repairs. Revenue based on customer location is fairly split between Western Europe, North America, and emerging markets.

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