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DSM Firmenich AG (XAMS:DSFIR) Construction In Progress : €809 Mil (As of Dec. 2023)


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What is DSM Firmenich AG Construction In Progress?

DSM Firmenich AG's quarterly construction in progress declined from Dec. 2022 (€572 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€809 Mil).

DSM Firmenich AG's annual construction in progress increased from Dec. 2021 (€0 Mil) to Dec. 2022 (€572 Mil) and increased from Dec. 2022 (€572 Mil) to Dec. 2023 (€809 Mil).

DSM Firmenich AG Construction In Progress Historical Data

The historical data trend for DSM Firmenich 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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DSM Firmenich AG Construction In Progress Chart

DSM Firmenich AG Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- 572.00 809.00

DSM Firmenich AG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress - - 572.00 - 809.00

DSM Firmenich 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.

DSM Firmenich AG (XAMS:DSFIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSM Firmenich AG (XAMS:DSFIR) » Definitions » Construction In Progress
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Traded in Other Exchanges
DSFIRa:UK 0AC9:UK ZX6:Germany DSFI:Austria
Address
Wurmisweg 576, Kaiseraugst, CHE, 4303
Website
https://www.dsm-firmenich.com/corporate/home.html
DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

DSM Firmenich AG (XAMS:DSFIR) Headlines

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