Steel Strips Wheels (NSE:SSWL) Construction In Progress : ₹3,626 Mil (As of Mar. 2024)

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What is Steel Strips Wheels Construction In Progress?

Steel Strips Wheels's quarterly construction in progress declined from Sep. 2023 (₹3,533 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹3,626 Mil).

Steel Strips Wheels's annual construction in progress increased from Mar. 2022 (₹969 Mil) to Mar. 2023 (₹1,634 Mil) and increased from Mar. 2023 (₹1,634 Mil) to Mar. 2024 (₹3,626 Mil).

Steel Strips Wheels Construction In Progress Historical Data

The historical data trend for Steel Strips Wheels'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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Steel Strips Wheels Construction In Progress Chart

Steel Strips Wheels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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854.70

1,093.39

969.44

1,633.65

3,625.57

Steel Strips Wheels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1,633.65	-	3,533.01	-	3,625.57

Steel Strips Wheels 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.

Steel Strips Wheels (NSE:SSWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Steel Strips Wheels Ltd (NSE:SSWL) » Definitions » Construction In Progress

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Traded in Other Exchanges

513262:India

Address

Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019

Website

https://www.sswlindia.com

Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

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