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Omer SpA (MIL:OMER) Construction In Progress : €1.76 Mil (As of Dec. 2023)


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What is Omer SpA Construction In Progress?

Omer SpA's quarterly construction in progress declined from Dec. 2022 (€2.01 Mil) to Jun. 2023 (€1.05 Mil) but then increased from Jun. 2023 (€1.05 Mil) to Dec. 2023 (€1.76 Mil).

Omer SpA's annual construction in progress increased from Dec. 2021 (€1.01 Mil) to Dec. 2022 (€2.01 Mil) but then declined from Dec. 2022 (€2.01 Mil) to Dec. 2023 (€1.76 Mil).

Omer SpA Construction In Progress Historical Data

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

Omer SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 8.11 - 1.01 2.01 1.76

Omer SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only 1.01 2.51 2.01 1.05 1.76

Omer 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.

Omer SpA (MIL:OMER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Omer SpA (MIL:OMER) » Definitions » Construction In Progress
Comparable Companies
MIL:FVI MIL:VIM MIL:EM HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962 XSWX:SFSN OSTO:HUSQ A XTER:GIL SZSE:002444 NSE:SKFINDIA BOM:522113 SZSE:301029
Traded in Other Exchanges
9WR:Germany
Address
Via Foresto, 42, Susegana, ITA, 31058
Website
https://www.omerspa.com
Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.