Phoenix Mecano AG (XSWX:PMN) Construction In Progress : CHF12.3 Mil (As of Dec. 2023)

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What is Phoenix Mecano AG Construction In Progress?

Phoenix Mecano AG's quarterly construction in progress declined from Dec. 2022 (CHF36.0 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF12.3 Mil).

Phoenix Mecano AG's annual construction in progress increased from Dec. 2021 (CHF15.4 Mil) to Dec. 2022 (CHF36.0 Mil) but then declined from Dec. 2022 (CHF36.0 Mil) to Dec. 2023 (CHF12.3 Mil).

Phoenix Mecano AG Construction In Progress Historical Data

The historical data trend for Phoenix Mecano AG'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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Phoenix Mecano AG Construction In Progress Chart

Phoenix Mecano AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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8.62

4.77

15.36

36.02

12.29

Phoenix Mecano AG 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															15.36	-	36.02	-	12.29

Phoenix Mecano AG 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.

Phoenix Mecano AG (XSWX:PMN) Business Description

Industry

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Traded in Other Exchanges

PMNE:Switzerland

Address

Hofwisenstrasse 6, Stein am Rhein, CHE, CH-8260

Website

https://www.phoenix-mecano.com

Phoenix Mecano AG is a technology company that manufactures and develops enclosures, mechanical components, and electronic components (ELCOM). It has three operating segments. Enclosures Systems are made of aluminium, plastic and glass-fibre reinforced polyester, machine control boards and suspension systems for protecting electronics; Industrial Components segment includes Aluminium profiles, pipe connection systems, conveyor components, linear units, electric cylinders, lifting columns, switches, plug connectors, and others; DewertOkin Technology Group includes fittings technology for industry and electrically adjustable furniture for the home and hospital care sectors. Geographically, it has operations in Switzerland, Germany, the UK, France, Italy, the Netherlands, and other areas.