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Al Anwar Investments Co (MUS:AAIC) Construction In Progress : ر.ع0.32 Mil (As of Dec. 2023)


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What is Al Anwar Investments Co Construction In Progress?

Al Anwar Investments Co's quarterly construction in progress stayed the same from Jun. 2023 (ر.ع0.36 Mil) to Sep. 2023 (ر.ع0.36 Mil) but then declined from Sep. 2023 (ر.ع0.36 Mil) to Dec. 2023 (ر.ع0.32 Mil).

Al Anwar Investments Co's annual construction in progress increased from Mar. 2021 (ر.ع0.30 Mil) to Mar. 2022 (ر.ع0.32 Mil) and increased from Mar. 2022 (ر.ع0.32 Mil) to Mar. 2023 (ر.ع0.36 Mil).

Al Anwar Investments Co Construction In Progress Historical Data

The historical data trend for Al Anwar Investments 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.

* Premium members only.

Al Anwar Investments Co Construction In Progress Chart

Al Anwar Investments Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.24 0.30 0.32 0.36

Al Anwar Investments 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 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 0.35 0.36 0.36 0.36 0.32

Al Anwar Investments 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.

Al Anwar Investments Co (MUS:AAIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Al Anwar Investments Co (MUS:AAIC) » Definitions » Construction In Progress
Comparable Companies
MUS:BKMB MUS:ABOB MUS:BKNZ MUS:NBOB MUS:OAB MUS:BKDB BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW STT ARES
Traded in Other Exchanges
N/A
Address
Villa No. 897, Way No. 3013, Shatti Al Qurum, Near Al Sarooj Filling Station, Muscat, OMN
Website
https://www.alanwar.om
Al Anwar Investments Co is an investment holding company. The company along with its subsidiaries is engaged in promotion and participation in a variety of ventures in the financial services, industrial, and education sectors. It mainly focuses on investing in small-to-medium-sized businesses and nurturing businesses within sectors.