Kaiser Aluminum (STU:KLU1) Construction In Progress : €178 Mil (As of Mar. 2024)

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What is Kaiser Aluminum Construction In Progress?

Kaiser Aluminum's quarterly construction in progress declined from Sep. 2023 (€190 Mil) to Dec. 2023 (€159 Mil) but then increased from Dec. 2023 (€159 Mil) to Mar. 2024 (€178 Mil).

Kaiser Aluminum's annual construction in progress increased from Dec. 2021 (€67 Mil) to Dec. 2022 (€133 Mil) and increased from Dec. 2022 (€133 Mil) to Dec. 2023 (€159 Mil).

Kaiser Aluminum Construction In Progress Historical Data

The historical data trend for Kaiser Aluminum'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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Kaiser Aluminum Construction In Progress Chart

Kaiser Aluminum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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29.88

31.07

66.64

133.39

159.28

Kaiser Aluminum 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															149.25	162.08	190.31	159.28	178.30

Kaiser Aluminum 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.

Kaiser Aluminum (STU:KLU1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (STU:KLU1) » Definitions » Construction In Progress

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Traded in Other Exchanges

KALU:USA KLU1:Germany

Address

1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067

Website

https://www.kaiseraluminum.com

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

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