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Arabian Contracting Services Co (SAU:4071) Construction In Progress : ﷼68 Mil (As of Dec. 2023)


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What is Arabian Contracting Services Co Construction In Progress?

Arabian Contracting Services Co's quarterly construction in progress stayed the same from Jun. 2023 (﷼0 Mil) to Sep. 2023 (﷼0 Mil) but then increased from Sep. 2023 (﷼0 Mil) to Dec. 2023 (﷼68 Mil).

Arabian Contracting Services Co's annual construction in progress declined from Dec. 2021 (﷼45 Mil) to Dec. 2022 (﷼35 Mil) but then increased from Dec. 2022 (﷼35 Mil) to Dec. 2023 (﷼68 Mil).


Arabian Contracting Services Co Construction In Progress Historical Data

The historical data trend for Arabian Contracting Services Co'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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Arabian Contracting Services Co Construction In Progress Chart

Arabian Contracting Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Construction In Progress
30.74 44.88 34.62 68.08

Arabian Contracting Services Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.62 - - - 68.08

Arabian Contracting Services Co 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.


Arabian Contracting Services Co (SAU:4071) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544
Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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