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Archer-Daniels Midland Co (XTER:ADM) Construction In Progress : €1,307 Mil (As of Mar. 2024)


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What is Archer-Daniels Midland Co Construction In Progress?

Archer-Daniels Midland Co's quarterly construction in progress declined from Sep. 2023 (€1,613 Mil) to Dec. 2023 (€1,247 Mil) but then increased from Dec. 2023 (€1,247 Mil) to Mar. 2024 (€1,307 Mil).

Archer-Daniels Midland Co's annual construction in progress increased from Dec. 2021 (€850 Mil) to Dec. 2022 (€1,359 Mil) but then declined from Dec. 2022 (€1,359 Mil) to Dec. 2023 (€1,247 Mil).

Archer-Daniels Midland Co Construction In Progress Historical Data

The historical data trend for Archer-Daniels Midland Co'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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Archer-Daniels Midland Co Construction In Progress Chart

Archer-Daniels Midland Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 918.90 777.61 849.60 1,359.36 1,247.12

Archer-Daniels Midland Co 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 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 Premium Member Only Premium Member Only Premium Member Only 1,402.87 1,425.11 1,612.58 1,247.12 1,307.32

Archer-Daniels Midland Co 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.

Archer-Daniels Midland Co (XTER:ADM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Archer-Daniels Midland Co (XTER:ADM) » Definitions » Construction In Progress
Comparable Companies
TSN BG CALM FDP AGRO DOLE VITL LMNR AFRI ALCO SZSE:002714 SZSE:300498 SHSE:600438 OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:4065 BKK:CPF SZSE:002157
Traded in Other Exchanges
ADM:USA ADM:Mexico 1ADM:Italy A1DM34:Brazil ARDA:Austria
Address
77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Website
https://www.adm.com
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.