Otter Tail (STU:OT4) Construction In Progress : €167 Mil (As of Mar. 2024)

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What is Otter Tail Construction In Progress?

Otter Tail's quarterly construction in progress increased from Sep. 2023 (€37 Mil) to Dec. 2023 (€161 Mil) and increased from Dec. 2023 (€161 Mil) to Mar. 2024 (€167 Mil).

Otter Tail's annual construction in progress increased from Dec. 2021 (€81 Mil) to Dec. 2022 (€122 Mil) and increased from Dec. 2022 (€122 Mil) to Dec. 2023 (€161 Mil).

Otter Tail Construction In Progress Historical Data

The historical data trend for Otter Tail'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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Otter Tail Construction In Progress Chart

Otter Tail Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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166.71

174.57

81.01

121.87

160.73

Otter Tail 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															21.33	31.52	37.37	160.73	167.20

Otter Tail 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.

Otter Tail (STU:OT4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Otter Tail Corp (STU:OT4) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

OTTR:USA OT4:Germany

Address

215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496

Website

https://www.ottertail.com

Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.

Otter Tail (STU:OT4) Headlines

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