TMK PAO (TMK PAO) Construction In Progress : $34 Mil (As of Jun. 2022)

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What is TMK PAO Construction In Progress?

TMK PAO's quarterly construction in progress increased from Sep. 2021 ($177 Mil) to Dec. 2021 ($179 Mil) but then declined from Dec. 2021 ($179 Mil) to Jun. 2022 ($34 Mil).

TMK PAO's annual construction in progress declined from Dec. 2019 ($241 Mil) to Dec. 2020 ($132 Mil) but then increased from Dec. 2020 ($132 Mil) to Dec. 2021 ($179 Mil).

TMK PAO Construction In Progress Historical Data

The historical data trend for TMK PAO'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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TMK PAO Construction In Progress Chart

TMK PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Construction In Progress

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243.18

195.32

241.02

132.38

179.13

TMK PAO Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22
Construction In Progress	Get a 7-Day Free Trial															154.33	168.43	176.63	179.13	33.59

TMK PAO 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.

TMK PAO (TMK PAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMK PAO (OTCPK:TMKOL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

40/2a, Pokrovka Street, Moscow, RUS, 101000

Website

http://www.tmk-group.com

TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.

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