Polytec Holding AG (WBO:PYT) Construction In Progress : €9.3 Mil (As of Dec. 2023)

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What is Polytec Holding AG Construction In Progress?

Polytec Holding AG's quarterly construction in progress stayed the same from Jun. 2023 (€0.0 Mil) to Sep. 2023 (€0.0 Mil) but then increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€9.3 Mil).

Polytec Holding AG's annual construction in progress declined from Dec. 2021 (€11.4 Mil) to Dec. 2022 (€8.7 Mil) but then increased from Dec. 2022 (€8.7 Mil) to Dec. 2023 (€9.3 Mil).

Polytec Holding AG Construction In Progress Historical Data

The historical data trend for Polytec Holding 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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Polytec Holding AG Construction In Progress Chart

Polytec Holding AG Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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35.29

40.47

11.35

8.73

9.28

Polytec Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															8.73	-	-	-	9.28

Polytec Holding 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.

Polytec Holding AG (WBO:PYT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polytec Holding AG (WBO:PYT) » Definitions » Construction In Progress

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Traded in Other Exchanges

P4N:Germany

Address

Polytec-Strasse 1, Hoersching, AUT, 4063

Website

https://www.polytec-group.com

Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-Styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.

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