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Somec SpA (MIL:SOM) Construction In Progress : €1.2 Mil (As of Dec. 2024)


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What is Somec SpA Construction In Progress?

Somec SpA's quarterly construction in progress declined from Dec. 2023 (€0.1 Mil) to Jun. 2024 (€0.0 Mil) but then increased from Jun. 2024 (€0.0 Mil) to Dec. 2024 (€1.2 Mil).

Somec SpA's annual construction in progress increased from Dec. 2022 (€0.0 Mil) to Dec. 2023 (€0.1 Mil) and increased from Dec. 2023 (€0.1 Mil) to Dec. 2024 (€1.2 Mil).

Somec SpA Construction In Progress Historical Data

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

Somec SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial - 0.26 - 0.06 1.16

Somec SpA Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.06 0.02 1.16

Somec 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.

Somec SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Somec SpA (MIL:SOM) » Definitions » Construction In Progress
Comparable Companies
MIL:TFIN MIL:FCH MIL:MARE MIL:PLC MIL:DBA MIL:PAL MIL:ESPE MIL:RNV MIL:UBA MIL:AUTME XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME HKSE:01800 SHSE:601390 XPAR:EN XMAD:ACS
Traded in Other Exchanges
N/A
Address
Via Palu, 30, San Vendemiano, Treviso, ITA, 31020
Website
https://www.somecgroup.com
Somec SpA engaged in the engineering, design, and implementation of complex turnkey projects in the civil and naval sectors operating through three divisions Horizons: engineered systems of naval architecture and civil facades; Talenta: professional kitchen systems and products; and Professions: design and creation of customized interiors.

Somec SpA Headlines

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