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KION GROUP AG (KION GROUP AG) Construction In Progress : $0 Mil (As of Mar. 2024)


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What is KION GROUP AG Construction In Progress?

KION GROUP AG's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($206 Mil) but then declined from Dec. 2023 ($206 Mil) to Mar. 2024 ($0 Mil).

KION GROUP AG's annual construction in progress increased from Dec. 2021 ($138 Mil) to Dec. 2022 ($152 Mil) and increased from Dec. 2022 ($152 Mil) to Dec. 2023 ($206 Mil).


KION GROUP AG Construction In Progress Historical Data

The historical data trend for KION GROUP 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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KION GROUP AG Construction In Progress Chart

KION GROUP AG 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 103.89 121.41 137.51 151.80 205.67

KION GROUP AG 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 - - - 205.67 -

KION GROUP 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.


KION GROUP AG (KION GROUP AG) Business Description

Address
Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549
Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

KION GROUP AG (KION GROUP AG) Headlines