Vestas Wind Systems A/S (WBO:VWSB) Construction In Progress : €247 Mil (As of Dec. 2023)

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What is Vestas Wind Systems A/S Construction In Progress?

Vestas Wind Systems A/S's quarterly construction in progress increased from Jun. 2023 (€192 Mil) to Sep. 2023 (€224 Mil) and increased from Sep. 2023 (€224 Mil) to Dec. 2023 (€247 Mil).

Vestas Wind Systems A/S's annual construction in progress increased from Dec. 2021 (€136 Mil) to Dec. 2022 (€150 Mil) and increased from Dec. 2022 (€150 Mil) to Dec. 2023 (€247 Mil).

Vestas Wind Systems A/S Construction In Progress Historical Data

The historical data trend for Vestas Wind Systems A/S'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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Vestas Wind Systems A/S Construction In Progress Chart

Vestas Wind Systems A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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139.00

169.00

136.00

150.00

247.00

Vestas Wind Systems A/S 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															150.00	159.00	192.00	224.00	247.00

Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S (WBO:VWSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vestas Wind Systems A/S (WBO:VWSB) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

VWSYF:USA VWDRY:USA VWSc:UK 0NMK:UK VWS:Denmark VWSB:Germany

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems A/S (WBO:VWSB) Headlines

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