Hubbell (FRA:HUEC) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Hubbell Construction In Progress?

Hubbell's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€121 Mil) but then declined from Dec. 2023 (€121 Mil) to Mar. 2024 (€0 Mil).

Hubbell's annual construction in progress increased from Dec. 2021 (€62 Mil) to Dec. 2022 (€93 Mil) and increased from Dec. 2022 (€93 Mil) to Dec. 2023 (€121 Mil).

Hubbell Construction In Progress Historical Data

The historical data trend for Hubbell'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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Hubbell Construction In Progress Chart

Hubbell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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31.77

44.14

61.51

93.46

120.68

Hubbell Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	120.68	-

Hubbell 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.

Hubbell (FRA:HUEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (FRA:HUEC) » Definitions » Construction In Progress

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Traded in Other Exchanges

HUBB:USA

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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