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METRO AG (STU:B4B) Construction In Progress : €170 Mil (As of Sep. 2023)


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What is METRO AG Construction In Progress?

METRO AG's quarterly construction in progress stayed the same from Mar. 2023 (€0 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Sep. 2023 (€170 Mil).

METRO AG's annual construction in progress increased from Sep. 2021 (€94 Mil) to Sep. 2022 (€137 Mil) and increased from Sep. 2022 (€137 Mil) to Sep. 2023 (€170 Mil).


METRO AG Construction In Progress Historical Data

The historical data trend for METRO AG'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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METRO AG Construction In Progress Chart

METRO AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 96.00 94.00 137.00 170.00

METRO AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 137.00 - - - 170.00

METRO AG 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.


METRO AG (STU:B4B) Business Description

Traded in Other Exchanges
Address
Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.

METRO AG (STU:B4B) Headlines

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