Amreli Steels (KAR:ASTL) Construction In Progress : ₨1,781 Mil (As of Mar. 2024)

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What is Amreli Steels Construction In Progress?

Amreli Steels's quarterly construction in progress declined from Sep. 2023 (₨1,754 Mil) to Dec. 2023 (₨1,707 Mil) but then increased from Dec. 2023 (₨1,707 Mil) to Mar. 2024 (₨1,781 Mil).

Amreli Steels's annual construction in progress increased from Jun. 2021 (₨1,467 Mil) to Jun. 2022 (₨1,787 Mil) but then declined from Jun. 2022 (₨1,787 Mil) to Jun. 2023 (₨1,631 Mil).

Amreli Steels Construction In Progress Historical Data

The historical data trend for Amreli Steels'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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Amreli Steels Construction In Progress Chart

Amreli Steels Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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2,235.88

2,720.38

1,467.22

1,787.08

1,631.31

Amreli Steels 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															2,739.49	1,631.31	1,753.90	1,707.20	1,781.32

Amreli Steels 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.

Amreli Steels (KAR:ASTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Amreli Steels Ltd (KAR:ASTL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730

Website

https://www.amrelisteel.com

Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.