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Stif (XPAR:ALSTI) Construction In Progress : €0.31 Mil (As of Dec. 2023)


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What is Stif Construction In Progress?

Stif's quarterly construction in progress declined from Dec. 2022 (€1.33 Mil) to Jun. 2023 (€1.22 Mil) and declined from Jun. 2023 (€1.22 Mil) to Dec. 2023 (€0.31 Mil).

Stif's annual construction in progress increased from Dec. 2021 (€0.87 Mil) to Dec. 2022 (€1.33 Mil) but then declined from Dec. 2022 (€1.33 Mil) to Dec. 2023 (€0.31 Mil).

Stif Construction In Progress Historical Data

The historical data trend for Stif'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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Stif Construction In Progress Chart

Stif Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
0.87 1.33 0.31

Stif Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Construction In Progress 0.87 1.33 1.22 0.31

Stif 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.

Stif (XPAR:ALSTI) Business Description

Industry
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Traded in Other Exchanges
D08:Germany
Address
ZA de la Lande, Saint-Georges-sur-Loire, FRA, 49171
Website
https://www.stifnet.com
Stif SA is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Its products include elevator buckets, rubber lifting straps, Underspeed controllers, Strap offset controllers, Temperature sensors, Anti-jam probes, Monitoring systems, Explosion panels, Compression and curve fittings, Modular piping for gravity transport, Conveyor belt scrapers, and others.

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