Synthomer (LSE:SYNT) Construction In Progress : £37 Mil (As of Dec. 2023)

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What is Synthomer Construction In Progress?

Synthomer's quarterly construction in progress declined from Dec. 2022 (£3 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£37 Mil).

Synthomer's annual construction in progress declined from Dec. 2021 (£28 Mil) to Dec. 2022 (£3 Mil) but then increased from Dec. 2022 (£3 Mil) to Dec. 2023 (£37 Mil).

Synthomer Construction In Progress Historical Data

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

Synthomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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13.40

25.10

27.90

3.20

36.70

Synthomer 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															27.90	-	3.20	-	36.70

Synthomer 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.

Synthomer (LSE:SYNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Synthomer PLC (LSE:SYNT) » Definitions » Construction In Progress

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SYYYF:USA SYNTl:UK 7YC2:Germany

Address

45 Pall Mall, London, GBR, SW1Y 5JG

Website

https://www.synthomer.com

Synthomer PLC is a specialty chemicals company. It supplies a variety of chemicals including latex and adhesives, which are used in a wide range of markets such as construction, coatings, textiles, paper, and healthcare. The company's products include styrene-butadiene rubber, which is used to make coated paper, packaging, bindings for carpet, foam mattresses, pillows and shoes; and nitrile butadiene latex used to make medical gloves and catheters, among others. The company organizes itself into five segments: performance elastomers, functional solutions, industrial specialties, adhesive Technologies and acrylate monomers. A vast majority of the company's revenue is generated by the performance elastomers and functional solutions segments combined.