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Res SpA (MIL:RES) Construction In Progress : €12.01 Mil (As of Dec. 2023)


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What is Res SpA Construction In Progress?

Res SpA's quarterly construction in progress increased from Dec. 2022 (€2.09 Mil) to Jun. 2023 (€3.30 Mil) and increased from Jun. 2023 (€3.30 Mil) to Dec. 2023 (€12.01 Mil).

Res SpA's annual construction in progress increased from Dec. 2021 (€0.87 Mil) to Dec. 2022 (€2.09 Mil) and increased from Dec. 2022 (€2.09 Mil) to Dec. 2023 (€12.01 Mil).


Res SpA Construction In Progress Historical Data

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

Res SpA Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
0.87 2.09 12.01

Res SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress 0.87 0.83 2.09 3.30 12.01

Res 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.


Res SpA (MIL:RES) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pettoranello del Molise, Zona Industriale, ITA, 86090
Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.