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Saipem SpA (MIL:SPMR) Construction In Progress : €0 Mil (As of Sep. 2023)


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What is Saipem SpA Construction In Progress?

Saipem SpA's quarterly construction in progress declined from Dec. 2022 (€124 Mil) to Jun. 2023 (€0 Mil) but then stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil).

Saipem SpA's annual construction in progress declined from Dec. 2020 (€162 Mil) to Dec. 2021 (€115 Mil) but then increased from Dec. 2021 (€115 Mil) to Dec. 2022 (€124 Mil).

Saipem SpA Construction In Progress Historical Data

The historical data trend for Saipem 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.

* Premium members only.

Saipem SpA Construction In Progress Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.00 187.00 162.00 115.00 124.00

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 124.00 - - -

Saipem 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.

Saipem SpA (MIL:SPMR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (MIL:SPMR) » Definitions » Construction In Progress
Comparable Companies
MIL:TEN SLB HAL BKR FTI WFRD SHSE:601808 NOV CHX SHSE:600968 ASX:WOR XPAR:GTT VAL TDW OSL:SUBC SZSE:002353 XPAR:TE SHSE:600583 LBRT WHD
Traded in Other Exchanges
SAPMY:USA SAPMF:USA SPM:Italy 0RPI:UK SPEA:Germany
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Website
https://www.saipem.com
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (MIL:SPMR) Headlines

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