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Volvo Car AB (OSTO:VOLCAR B) Construction In Progress : kr0 Mil (As of Mar. 2024)


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What is Volvo Car AB Construction In Progress?

Volvo Car AB's quarterly construction in progress increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr12,755 Mil) but then declined from Dec. 2023 (kr12,755 Mil) to Mar. 2024 (kr0 Mil).

Volvo Car AB's annual construction in progress increased from Dec. 2021 (kr4,274 Mil) to Dec. 2022 (kr7,813 Mil) and increased from Dec. 2022 (kr7,813 Mil) to Dec. 2023 (kr12,755 Mil).

Volvo Car AB Construction In Progress Historical Data

The historical data trend for Volvo Car AB'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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Volvo Car AB Construction In Progress Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 4,759.00 2,873.00 4,274.00 7,813.00 12,755.00

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 12,755.00 -

Volvo Car AB 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.

Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Construction In Progress
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Traded in Other Exchanges
VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Website
https://www.volvocars.com
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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