Standard Motor Products (FRA:SRU) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Standard Motor Products Construction In Progress?

Standard Motor Products's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€32 Mil) but then declined from Dec. 2023 (€32 Mil) to Mar. 2024 (€0 Mil).

Standard Motor Products's annual construction in progress increased from Dec. 2021 (€19 Mil) to Dec. 2022 (€22 Mil) and increased from Dec. 2022 (€22 Mil) to Dec. 2023 (€32 Mil).

Standard Motor Products Construction In Progress Historical Data

The historical data trend for Standard Motor Products'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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Standard Motor Products Construction In Progress Chart

Standard Motor Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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10.14

11.25

18.60

22.03

32.42

Standard Motor Products 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															-	-	-	32.42	-

Standard Motor Products 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.

Standard Motor Products (FRA:SRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Standard Motor Products Inc (FRA:SRU) » Definitions » Construction In Progress

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Traded in Other Exchanges

SMP:USA

Address

37-18 Northern Boulevard, Long Island City, NY, USA, 11101

Website

https://www.smpcorp.com

Standard Motor Products Inc is a manufacturer and distributor of premium automotive parts used in the maintenance, service, and repair of vehicles in the automotive aftermarket industry. It operates into three business segments namely Engineered Solutions, Vehicle Control, and Temperature Control. The company focuses on the original equipment and original equipment services markets, with a product lineup of replacement parts for engine management ignition, emission, and fuel systems, as well as temperature-control products. The company operates majorly in the United States, with additional sales in Canada, Europe, Asia, Mexico, and other Latin American countries.