Gurit Holding AG (CHIX:GURNZ) Construction In Progress : CHF7.8 Mil (As of Dec. 2023)

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What is Gurit Holding AG Construction In Progress?

Gurit Holding AG's quarterly construction in progress declined from Dec. 2022 (CHF5.4 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF7.8 Mil).

Gurit Holding AG's annual construction in progress declined from Dec. 2021 (CHF15.8 Mil) to Dec. 2022 (CHF5.4 Mil) but then increased from Dec. 2022 (CHF5.4 Mil) to Dec. 2023 (CHF7.8 Mil).

Gurit Holding AG Construction In Progress Historical Data

The historical data trend for Gurit Holding 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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Gurit Holding AG Construction In Progress Chart

Gurit Holding AG Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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7.54

9.89

15.77

5.36

7.82

Gurit Holding AG Quarterly 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															15.77	-	5.36	-	7.82

Gurit Holding 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.

Gurit Holding AG (CHIX:GURNZ) Business Description

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GURN:Switzerland

Address

Ebnaterstrasse 79, Wattwil, CHE, CH-9630

Website

https://www.gurit.com

Gurit Holding AG and its subsidiaries is engaged in development and manufacture of composite materials, core kitting services, composite tooling equipment and pultruded structural profiles .It operates in three segments, namely Composite Materials, Kitting and Manufacturing Solutions. The company's geographical segments are Europe, Asia, the Americas, and the Rest of the world.

Gurit Holding AG (CHIX:GURNZ) Headlines

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