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Worthington Steel (Worthington Steel) Construction In Progress : $49 Mil (As of Feb. 2024)


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What is Worthington Steel Construction In Progress?

Worthington Steel's quarterly construction in progress increased from Aug. 2023 ($37 Mil) to Nov. 2023 ($42 Mil) and increased from Nov. 2023 ($42 Mil) to Feb. 2024 ($49 Mil).

Worthington Steel's annual construction in progress increased from May. 2021 ($16 Mil) to May. 2022 ($23 Mil) but then declined from May. 2022 ($23 Mil) to May. 2023 ($20 Mil).


Worthington Steel Construction In Progress Historical Data

The historical data trend for Worthington Steel'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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Worthington Steel Construction In Progress Chart

Worthington Steel Annual Data
Trend May21 May22 May23
Construction In Progress
15.79 22.83 20.27

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Construction In Progress Get a 7-Day Free Trial Premium Member Only - 20.27 36.59 42.10 48.90

Worthington Steel 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.


Worthington Steel (Worthington Steel) Business Description

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Traded in Other Exchanges
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is one of North America's premier value-added steel processors with the ability to provide a diversified range of products and services that span a variety of end markets. It maintains market-leading positions in the North American carbon flat-rolled steel and tailor-welded blanks industries.

Worthington Steel (Worthington Steel) Headlines