Arabian Cement Co (CAI:ARCC) Construction In Progress : E£2 Mil (As of Dec. 2023)

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What is Arabian Cement Co Construction In Progress?

Arabian Cement Co's quarterly construction in progress declined from Jun. 2023 (E£4 Mil) to Sep. 2023 (E£1 Mil) but then increased from Sep. 2023 (E£1 Mil) to Dec. 2023 (E£2 Mil).

Arabian Cement Co's annual construction in progress increased from Dec. 2021 (E£3 Mil) to Dec. 2022 (E£4 Mil) but then declined from Dec. 2022 (E£4 Mil) to Dec. 2023 (E£2 Mil).

Arabian Cement Co Construction In Progress Historical Data

The historical data trend for Arabian Cement 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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Arabian Cement Co Construction In Progress Chart

Arabian Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.78

7.80

3.26

3.95

2.43

Arabian Cement Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															3.95	3.95	3.95	0.69	2.43

Arabian Cement 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.

Arabian Cement Co (CAI:ARCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Arabian Cement Co (CAI:ARCC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamal Abdel Naser Square (Gharb Arabella), Fifth Settlement Arabella Plaza, 5th Floor, Office Building (A), New Cairo, EGY, 11835

Website

http://www.arabiancement.com

Arabian Cement Co is engaged in the business of manufacturing and selling clinker, cement, and other related products and usage of mines and extraction of all mining materials required to produce construction materials and road transportation of all the company's products. The company sells its products in Egypt and exports it to other countries, of which key revenue is derived within Egypt. Its products include Clinker, Cement and Concrete. Some of its brands are Al Mosalah and Al Nasr. It also offers delivery services through Express Wassal.