Mitsui Mining and Smelting Co (Mitsui Mining and Smelting Co) Construction In Progress : $71 Mil (As of Dec. 2023)

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What is Mitsui Mining and Smelting Co Construction In Progress?

Mitsui Mining and Smelting Co's quarterly construction in progress increased from Jun. 2023 ($61 Mil) to Sep. 2023 ($65 Mil) and increased from Sep. 2023 ($65 Mil) to Dec. 2023 ($71 Mil).

Mitsui Mining and Smelting Co's annual construction in progress declined from Mar. 2021 ($90 Mil) to Mar. 2022 ($87 Mil) and declined from Mar. 2022 ($87 Mil) to Mar. 2023 ($84 Mil).

Mitsui Mining and Smelting Co Construction In Progress Historical Data

The historical data trend for Mitsui Mining and Smelting Co'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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Mitsui Mining and Smelting Co Construction In Progress Chart

Mitsui Mining and Smelting Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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103.40

112.08

89.96

86.60

84.47

Mitsui Mining and Smelting Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															76.74	84.47	61.07	65.31	70.88

Mitsui Mining and Smelting Co 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.

Mitsui Mining and Smelting Co (Mitsui Mining and Smelting Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mitsui Mining and Smelting Co Ltd (OTCPK:MMSMY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

5706:Japan MMG:Germany

Address

1-11-1 Osaki, Gate City Ohsaki, West Tower, 19th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584

Website

http://www.mitsui-kinzoku.co.jp

Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) is a Japanese company which primarily supplies and produces metals for manufacturers of both automobiles and telecommunications devices. The company is split across four segments: Engineered Materials, within which Mitsui Kinzoku supplies catalytic converters, battery materials, and copper foil used in microelectronics; Metals, which involves mining, smelting, and recycling copper and zinc; Automotive Parts and Components, which principally manufactures door-related automotive parts; and Affiliates Coordination, which includes perlite, die-casting, and engineering projects. Whilst Mitsui Kinzoku derives the majority of revenue domestically, the company operates in several overseas markets, notably the United States and mainland Asia.

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