Wacker Chemie AG (XTER:WCH) Construction In Progress : €864 Mil (As of Dec. 2023)

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What is Wacker Chemie AG Construction In Progress?

Wacker Chemie AG's quarterly construction in progress declined from Dec. 2022 (€602 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€864 Mil).

Wacker Chemie AG's annual construction in progress increased from Dec. 2021 (€344 Mil) to Dec. 2022 (€602 Mil) and increased from Dec. 2022 (€602 Mil) to Dec. 2023 (€864 Mil).

Wacker Chemie AG Construction In Progress Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Construction In Progress Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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238.90

200.40

344.00

601.70

863.70

Wacker Chemie 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															344.00	-	601.70	-	863.70

Wacker Chemie 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.

Wacker Chemie AG (XTER:WCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wacker Chemie AG (XTER:WCH) » Definitions » Construction In Progress

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Traded in Other Exchanges

WKCMF:USA 1WCH:Italy WCHd:UK 0NR4:UK

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (XTER:WCH) Headlines

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