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OCI NV (XAMS:OCI) Construction In Progress : €500 Mil (As of Dec. 2023)


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What is OCI NV Construction In Progress?

OCI NV's quarterly construction in progress increased from Jun. 2023 (€422 Mil) to Sep. 2023 (€583 Mil) but then declined from Sep. 2023 (€583 Mil) to Dec. 2023 (€500 Mil).

OCI NV's annual construction in progress increased from Dec. 2021 (€131 Mil) to Dec. 2022 (€242 Mil) and increased from Dec. 2022 (€242 Mil) to Dec. 2023 (€500 Mil).


OCI NV Construction In Progress Historical Data

The historical data trend for OCI NV'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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OCI NV Construction In Progress Chart

OCI NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.95 120.18 130.80 242.23 500.22

OCI NV 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 242.23 254.24 422.18 582.91 500.22

OCI NV 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.


OCI NV (XAMS:OCI) Business Description

Industry
Traded in Other Exchanges
Address
Honthorststraat 19, Amsterdam, NH, NLD, 1071
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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