Stanmore Resources (ASX:SMR) Construction In Progress : A$361 Mil (As of Dec. 2023)

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What is Stanmore Resources Construction In Progress?

Stanmore Resources's quarterly construction in progress declined from Dec. 2022 (A$191 Mil) to Jun. 2023 (A$0 Mil) but then increased from Jun. 2023 (A$0 Mil) to Dec. 2023 (A$361 Mil).

Stanmore Resources's annual construction in progress increased from Dec. 2021 (A$10 Mil) to Dec. 2022 (A$191 Mil) and increased from Dec. 2022 (A$191 Mil) to Dec. 2023 (A$361 Mil).

Stanmore Resources Construction In Progress Historical Data

The historical data trend for Stanmore Resources'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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Stanmore Resources Construction In Progress Chart

Stanmore Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Construction In Progress

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9.88

5.51

10.14

191.03

360.95

Stanmore Resources 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															10.14	-	191.03	-	360.95

Stanmore Resources 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.

Stanmore Resources (ASX:SMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stanmore Resources Ltd (ASX:SMR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

STMRF:USA S0D:Germany

Address

12 Creek Street, Level 32, Brisbane, QLD, AUS, 4000

Website

https://www.stanmore.net.au

Stanmore Resources Ltd is an Australian resources company with operations and exploration projects in the Bowen and Surat Basins. Its foundation asset is the Isaac Plains Complex that comprises current open-cut operations at Isaac Plains East and the Isaac Downs Open Cut, as well as the Isaac Plains Underground development project.