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Middle East Specialized Cables Co (SAU:2370) Construction In Progress : ﷼0.0 Mil (As of Mar. 2024)


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What is Middle East Specialized Cables Co Construction In Progress?

Middle East Specialized Cables Co's quarterly construction in progress increased from Sep. 2023 (﷼0.0 Mil) to Dec. 2023 (﷼11.9 Mil) but then declined from Dec. 2023 (﷼11.9 Mil) to Mar. 2024 (﷼0.0 Mil).

Middle East Specialized Cables Co's annual construction in progress declined from Dec. 2021 (﷼7.7 Mil) to Dec. 2022 (﷼6.5 Mil) but then increased from Dec. 2022 (﷼6.5 Mil) to Dec. 2023 (﷼11.9 Mil).


Middle East Specialized Cables Co Construction In Progress Historical Data

The historical data trend for Middle East Specialized Cables 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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Middle East Specialized Cables Co Construction In Progress Chart

Middle East Specialized Cables Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 4.89 7.66 6.54 11.95

Middle East Specialized Cables Co 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 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 - - - 11.95 -

Middle East Specialized Cables 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.


Middle East Specialized Cables Co (SAU:2370) Business Description

Traded in Other Exchanges
N/A
Address
Salahuddin Street, King Abdulaziz Sector, PO Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is a company which is engaged in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables, and control and transmission of information cables. The company's products include instrumentation and process control cables, Building wire, power, and control cables (PVC), data and communication cable, Flexible cables, fire cables, irrigation cables, bare copper and PVCs. It operates its business in two geographic segments namely Saudi Arabia and Unites Arab Emirates (UAE). The majority of the company's revenue comes from Saudi Arabia.

Middle East Specialized Cables Co (SAU:2370) Headlines

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