NBI Bearings Europe (XMAD:NBI) Construction In Progress : €7.04 Mil (As of Dec. 2023)

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What is NBI Bearings Europe Construction In Progress?

NBI Bearings Europe's quarterly construction in progress declined from Dec. 2022 (€6.54 Mil) to Jun. 2023 (€6.35 Mil) but then increased from Jun. 2023 (€6.35 Mil) to Dec. 2023 (€7.04 Mil).

NBI Bearings Europe's annual construction in progress increased from Dec. 2021 (€6.22 Mil) to Dec. 2022 (€6.54 Mil) and increased from Dec. 2022 (€6.54 Mil) to Dec. 2023 (€7.04 Mil).

NBI Bearings Europe Construction In Progress Historical Data

The historical data trend for NBI Bearings Europe'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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NBI Bearings Europe Construction In Progress Chart

NBI Bearings Europe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3.92

4.99

6.22

6.54

7.04

NBI Bearings Europe Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															6.22	6.29	6.54	6.35	7.04

NBI Bearings Europe 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.

NBI Bearings Europe (XMAD:NBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NBI Bearings Europe SA (XMAD:NBI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

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Address

Pol. Industrial Basauri, Nave 6-10, Oquendo, Alava, Vitoria-Gasteiz, ESP, 01409

Website

http://www.nbibearings.com

NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.

NBI Bearings Europe (XMAD:NBI) Headlines

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