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Siemens Gamesa Renewable Energy (XMAD:SGRE) Construction In Progress : €0 Mil (As of Dec. 2022)


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What is Siemens Gamesa Renewable Energy Construction In Progress?

Siemens Gamesa Renewable Energy's quarterly construction in progress increased from Jun. 2022 (€0 Mil) to Sep. 2022 (€323 Mil) but then declined from Sep. 2022 (€323 Mil) to Dec. 2022 (€0 Mil).

Siemens Gamesa Renewable Energy's annual construction in progress increased from Sep. 2020 (€234 Mil) to Sep. 2021 (€346 Mil) but then declined from Sep. 2021 (€346 Mil) to Sep. 2022 (€323 Mil).


Siemens Gamesa Renewable Energy Construction In Progress Historical Data

The historical data trend for Siemens Gamesa Renewable Energy'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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Siemens Gamesa Renewable Energy Construction In Progress Chart

Siemens Gamesa Renewable Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Sep18 Sep19 Sep20 Sep21 Sep22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.56 157.87 234.23 346.23 323.27

Siemens Gamesa Renewable Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - 323.27 -

Siemens Gamesa Renewable Energy 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.


Siemens Gamesa Renewable Energy (XMAD:SGRE) Business Description

Traded in Other Exchanges
N/A
Address
Parque Tecnologico de Bizkaia, Building 222, Vizcaya, Zamudio, ESP, 48170
Siemens Gamesa is a leading manufacturer of onshore and offshore wind turbines. The company is the product of the merger between Siemens Wind Power and Gamesa in 2017. The firm operates in two business segments: wind turbines and services. Siemens Gamesa retained its position as the leading installer of offshore turbines in 2020. Siemens Energy (a recent spinoff from Siemens AG) has announced the takeover and delisting of Siemens Gamesa.

Siemens Gamesa Renewable Energy (XMAD:SGRE) Headlines

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