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Magis SpA (MIL:MGS) Construction In Progress : €0.05 Mil (As of Dec. 2024)


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What is Magis SpA Construction In Progress?

Magis SpA's quarterly construction in progress increased from Dec. 2023 (€0.16 Mil) to Jun. 2024 (€0.45 Mil) but then declined from Jun. 2024 (€0.45 Mil) to Dec. 2024 (€0.05 Mil).

Magis SpA's annual construction in progress declined from Dec. 2022 (€1.25 Mil) to Dec. 2023 (€0.16 Mil) and declined from Dec. 2023 (€0.16 Mil) to Dec. 2024 (€0.05 Mil).


Magis SpA Construction In Progress Historical Data

The historical data trend for Magis 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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Magis SpA Construction In Progress Chart

Magis SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
0.18 0.85 1.25 0.16 0.05

Magis SpA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only 1.25 0.28 0.16 0.45 0.05

Magis 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.


Magis SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050
Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.

Magis SpA Headlines

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