SIT SpA (MIL:SIT) Construction In Progress : €34.9 Mil (As of Dec. 2023)

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What is SIT SpA Construction In Progress?

SIT SpA's quarterly construction in progress increased from Dec. 2022 (€29.1 Mil) to Jun. 2023 (€32.7 Mil) and increased from Jun. 2023 (€32.7 Mil) to Dec. 2023 (€34.9 Mil).

SIT SpA's annual construction in progress increased from Dec. 2021 (€18.9 Mil) to Dec. 2022 (€29.1 Mil) and increased from Dec. 2022 (€29.1 Mil) to Dec. 2023 (€34.9 Mil).

SIT SpA Construction In Progress Historical Data

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

SIT SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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13.88

14.13

18.93

29.12

34.89

SIT SpA Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial										18.93	23.23	29.12	32.69	34.89

SIT 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.

SIT SpA (MIL:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SIT SpA (MIL:SIT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale A. Volta, 2, Cusago, Milan, ITA, 20090

Website

http://www.sitspa.it

SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

SIT SpA (MIL:SIT) Headlines

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