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WeWork (FRA:9WEA) Construction In Progress : €0 Mil (As of Sep. 2023)


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What is WeWork Construction In Progress?

WeWork's annual construction in progress declined from Dec. 2020 (€377 Mil) to Dec. 2021 (€157 Mil) and declined from Dec. 2021 (€157 Mil) to Dec. 2022 (€91 Mil).


WeWork Construction In Progress Historical Data

The historical data trend for WeWork'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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WeWork Construction In Progress Chart

WeWork Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
- 1,609.47 377.17 156.65 90.62

WeWork Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 90.62 - - -

WeWork 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.


WeWork (FRA:9WEA) Business Description

Industry
Traded in Other Exchanges
Address
75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

WeWork (FRA:9WEA) Headlines

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