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SATS (SGX:S58) Construction In Progress : S$0 Mil (As of Dec. 2023)


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What is SATS Construction In Progress?

SATS's annual construction in progress increased from Mar. 2021 (S$33 Mil) to Mar. 2022 (S$74 Mil) but then declined from Mar. 2022 (S$74 Mil) to Mar. 2023 (S$68 Mil).


SATS Construction In Progress Historical Data

The historical data trend for SATS'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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SATS Construction In Progress Chart

SATS 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 101.38 33.96 33.08 74.12 68.40

SATS 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 - 68.40 - - -

SATS 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.


SATS (SGX:S58) Business Description

Industry
Traded in Other Exchanges
Address
20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. It has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, cabin upkeep, and washing laundry to improve airlines' appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.

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