Rieter Holding AG (XSWX:RIEN) Construction In Progress : CHF18 Mil (As of Dec. 2023)

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What is Rieter Holding AG Construction In Progress?

Rieter Holding AG's quarterly construction in progress declined from Dec. 2022 (CHF19 Mil) to Jun. 2023 (CHF0 Mil) but then increased from Jun. 2023 (CHF0 Mil) to Dec. 2023 (CHF18 Mil).

Rieter Holding AG's annual construction in progress increased from Dec. 2021 (CHF12 Mil) to Dec. 2022 (CHF19 Mil) but then declined from Dec. 2022 (CHF19 Mil) to Dec. 2023 (CHF18 Mil).

Rieter Holding AG Construction In Progress Historical Data

The historical data trend for Rieter Holding AG'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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Rieter Holding AG Construction In Progress Chart

Rieter Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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8.40

5.70

12.00

18.90

18.40

Rieter Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															12.00	-	18.90	-	18.40

Rieter Holding AG 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.

Rieter Holding AG (XSWX:RIEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rieter Holding AG (XSWX:RIEN) » Definitions » Construction In Progress

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Traded in Other Exchanges

RIENz:UK

Address

Klosterstrasse 32, Winterthur, CHE, 8406

Website

https://www.rieter.com

Rieter Holding AG is an industrial machinery manufacturer based in Switzerland. It develops machinery, systems, and components used to convert natural and man-made fibres and their blends into yarns. The company's operating segment includes Machines and Systems, Components and After Sales. It generates maximum revenue from the Machines and Systems segment.

Rieter Holding AG (XSWX:RIEN) Headlines

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