ZEK (Zekelman Industries) Construction In Progress: $32.03 Mil (As of Jun. 2018)


What is Zekelman Industries Construction In Progress?

Zekelman Industries ZEK Construction In Progress is $32.03 Mil as of Jun. 2018.

Zekelman Industries's quarterly construction in progress increased from Jun. 2017 ($0.00 Mil) to Sep. 2017 ($28.98 Mil) and increased from Sep. 2017 ($28.98 Mil) to Jun. 2018 ($32.03 Mil).

Zekelman Industries's annual construction in progress increased from Sep. 2015 ($0.00 Mil) to Sep. 2016 ($17.10 Mil) and increased from Sep. 2016 ($17.10 Mil) to Sep. 2017 ($28.98 Mil).


Zekelman Industries Construction In Progress Historical Data

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The historical data trend for Zekelman Industries'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.

Zekelman Industries Construction In Progress Chart

Zekelman Industries Annual Data
Trend Sep15 Sep16 Sep17
Construction In Progress
0.00 17.10 28.98

Zekelman Industries Quarterly Data
Sep15 Sep16 Jun17 Sep17 Jun18
Construction In Progress 0.00 17.10 0.00 28.98 32.03

Zekelman Industries 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.

What does a Construction In Progress of $32.03 Mil mean?
Zekelman Industries (ZEK) has a Construction In Progress of $32.03 Mil as of Jun. 2018. Construction in Progress records the amount of construction work that is not complete. View historical data on Zekelman Industries and its competitors.
Is Zekelman Industries' Construction In Progress too high?
Zekelman Industries' current Construction In Progress is $32.03 Mil.
How does Zekelman Industries' Construction In Progress compare to ?
Zekelman Industries' Construction In Progress of $32.03 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Zekelman Industries and its competitors. Zekelman Industries's current Construction In Progress is $32.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zekelman Industries stock overvalued right now?
Zekelman Industries (ZEK) has a current Construction In Progress of $32.03 Mil. The current Construction In Progress is $32.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Zekelman Industries (ZEK), the current Construction In Progress is $32.03 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zekelman Industries Business Description

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Address 227 West Monroe Street, Suite 2600, Chicago, IL, USA, 60606