Samick Musical Instruments Co (XKRX:002450) Construction In Progress : ₩836 Mil (As of Dec. 2023)

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What is Samick Musical Instruments Co Construction In Progress?

Samick Musical Instruments Co's quarterly construction in progress increased from Jun. 2023 (₩5,415 Mil) to Sep. 2023 (₩9,393 Mil) but then declined from Sep. 2023 (₩9,393 Mil) to Dec. 2023 (₩836 Mil).

Samick Musical Instruments Co's annual construction in progress increased from Dec. 2021 (₩2,016 Mil) to Dec. 2022 (₩5,328 Mil) but then declined from Dec. 2022 (₩5,328 Mil) to Dec. 2023 (₩836 Mil).

Samick Musical Instruments Co Construction In Progress Historical Data

The historical data trend for Samick Musical Instruments Co'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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Samick Musical Instruments Co Construction In Progress Chart

Samick Musical Instruments Co Annual Data

Trend

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Dec23

Construction In Progress

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499.72

318.78

2,015.60

5,327.54

836.14

Samick Musical Instruments Co 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															5,327.54	5,779.71	5,415.36	9,392.99	836.14

Samick Musical Instruments Co 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.

Samick Musical Instruments Co (XKRX:002450) Business Description

Industry

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Address

1-6, Daejang-Ri, Soi-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 369-872

Website

http://www.samick.co.kr

Samick Musical Instruments Co Ltd manufactures and sells musical instruments in South Korea. The company offers upright, grand, and digital pianos; and acoustic and electric guitars. It also provides other music instruments, including strings, such as violins, guitar and bass amplifiers, and cellos; wind instruments comprising amplifiers, flutes, trumpets, saxophones, clarinets, ocarinas, and harmonicas; percussion products covering drums; music stands; tuners; musical instruments for kids; metronomes; and P.A systems.

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