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Schaeffler AG (MIL:1SHA) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is Schaeffler AG Construction In Progress?

Schaeffler AG's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€846 Mil) but then declined from Dec. 2023 (€846 Mil) to Mar. 2024 (€0 Mil).

Schaeffler AG's annual construction in progress increased from Dec. 2021 (€654 Mil) to Dec. 2022 (€749 Mil) and increased from Dec. 2022 (€749 Mil) to Dec. 2023 (€846 Mil).


Schaeffler AG Construction In Progress Historical Data

The historical data trend for Schaeffler AG'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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Schaeffler AG Construction In Progress Chart

Schaeffler AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 957.00 605.00 654.00 749.00 846.00

Schaeffler AG 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 - - - 846.00 -

Schaeffler AG 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.


Schaeffler AG (MIL:1SHA) Business Description

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Address
Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074
Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

Schaeffler AG (MIL:1SHA) Headlines

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