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Gates Industrial (FRA:1JL) Construction In Progress : €0 Mil (As of Mar. 2024)


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What is Gates Industrial Construction In Progress?

Gates Industrial's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€51 Mil) but then declined from Dec. 2023 (€51 Mil) to Mar. 2024 (€0 Mil).

Gates Industrial's annual construction in progress increased from Dec. 2021 (€72 Mil) to Dec. 2022 (€95 Mil) but then declined from Dec. 2022 (€95 Mil) to Dec. 2023 (€51 Mil).


Gates Industrial Construction In Progress Historical Data

The historical data trend for Gates Industrial'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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Gates Industrial Construction In Progress Chart

Gates Industrial 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 44.82 41.43 71.69 95.25 50.53

Gates Industrial 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 - - - 50.53 -

Gates Industrial 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.


Gates Industrial (FRA:1JL) Business Description

Traded in Other Exchanges
Address
1144 Fifteenth Street, Denver, CO, USA, 80202
Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. They are used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment.

Gates Industrial (FRA:1JL) Headlines

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