Vimi Fasteners SpA (MIL:VIM) Construction In Progress : €0.84 Mil (As of Jun. 2024)

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What is Vimi Fasteners SpA Construction In Progress?

Vimi Fasteners SpA's quarterly construction in progress increased from Jun. 2023 (€0.08 Mil) to Dec. 2023 (€0.21 Mil) and increased from Dec. 2023 (€0.21 Mil) to Jun. 2024 (€0.84 Mil).

Vimi Fasteners SpA's annual construction in progress increased from Dec. 2021 (€0.19 Mil) to Dec. 2022 (€0.75 Mil) but then declined from Dec. 2022 (€0.75 Mil) to Dec. 2023 (€0.21 Mil).

Vimi Fasteners SpA Construction In Progress Historical Data

The historical data trend for Vimi Fasteners 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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Vimi Fasteners SpA Construction In Progress Chart

Vimi Fasteners SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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0.04

0.19

0.75

0.21

Vimi Fasteners SpA Semi-Annual Data
	Dec15	Dec16	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													0.75	0.08	0.21	0.84	-

Vimi Fasteners 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.

Vimi Fasteners SpA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017

Website

https://www.vimifasteners.com

Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

Vimi Fasteners SpA Headlines

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