Dangote Cement (NSA:DCP) Construction In Progress : ₦412,900 Mil (As of Mar. 2024)

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What is Dangote Cement Construction In Progress?

Dangote Cement's quarterly construction in progress declined from Sep. 2023 (₦262,088 Mil) to Dec. 2023 (₦259,318 Mil) but then increased from Dec. 2023 (₦259,318 Mil) to Mar. 2024 (₦412,900 Mil).

Dangote Cement's annual construction in progress declined from Dec. 2021 (₦378,939 Mil) to Dec. 2022 (₦198,327 Mil) but then increased from Dec. 2022 (₦198,327 Mil) to Dec. 2023 (₦259,318 Mil).

Dangote Cement Construction In Progress Historical Data

The historical data trend for Dangote Cement'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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Dangote Cement Construction In Progress Chart

Dangote Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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204,165.00

269,306.00

378,939.00

198,327.00

259,318.00

Dangote Cement 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															206,774.00	237,710.00	262,088.00	259,318.00	412,900.00

Dangote Cement 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.

Dangote Cement (NSA:DCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dangote Cement PLC (NSA:DCP) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA

Website

http://www.dangotecement.com

Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.