Fincantieri SpA (MIL:FCT) Construction In Progress : €227 Mil (As of Dec. 2023)

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What is Fincantieri SpA Construction In Progress?

Fincantieri SpA's quarterly construction in progress increased from Dec. 2022 (€198 Mil) to Jun. 2023 (€257 Mil) but then declined from Jun. 2023 (€257 Mil) to Dec. 2023 (€227 Mil).

Fincantieri SpA's annual construction in progress declined from Dec. 2021 (€252 Mil) to Dec. 2022 (€198 Mil) but then increased from Dec. 2022 (€198 Mil) to Dec. 2023 (€227 Mil).

Fincantieri SpA Construction In Progress Historical Data

The historical data trend for Fincantieri SpA'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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Fincantieri SpA Construction In Progress Chart

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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270.55

316.19

251.97

197.65

227.46

Fincantieri SpA 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															251.97	306.99	197.65	257.42	227.46

Fincantieri SpA 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.

Fincantieri SpA (MIL:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

FNCNF:USA 0QWN:UK 1F8:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.