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Friedman Industries (FRA:X36) Construction In Progress : €1.8 Mil (As of Mar. 2024)


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What is Friedman Industries Construction In Progress?

Friedman Industries's quarterly construction in progress increased from Sep. 2023 (€3.7 Mil) to Dec. 2023 (€3.8 Mil) but then declined from Dec. 2023 (€3.8 Mil) to Mar. 2024 (€1.8 Mil).

Friedman Industries's annual construction in progress declined from Mar. 2022 (€14.5 Mil) to Mar. 2023 (€1.1 Mil) but then increased from Mar. 2023 (€1.1 Mil) to Mar. 2024 (€1.8 Mil).


Friedman Industries Construction In Progress Historical Data

The historical data trend for Friedman Industries'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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Friedman Industries Construction In Progress Chart

Friedman Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 0.01 14.46 1.09 1.82

Friedman Industries 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 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 1.09 1.48 3.67 3.83 1.82

Friedman Industries 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.


Friedman Industries (FRA:X36) Business Description

Traded in Other Exchanges
Address
1121 Judson Road, Suite 124, Longview, TX, USA, 75601
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.

Friedman Industries (FRA:X36) Headlines

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