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The Swatch Group AG (XSWX:UHR) Construction In Progress : CHF71 Mil (As of Dec. 2023)


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What is The Swatch Group AG Construction In Progress?

The Swatch Group AG's quarterly construction in progress declined from Dec. 2022 (CHF83 Mil) to Jun. 2023 (CHF0 Mil) but then increased from Jun. 2023 (CHF0 Mil) to Dec. 2023 (CHF71 Mil).

The Swatch Group AG's annual construction in progress increased from Dec. 2021 (CHF56 Mil) to Dec. 2022 (CHF83 Mil) but then declined from Dec. 2022 (CHF83 Mil) to Dec. 2023 (CHF71 Mil).

The Swatch Group AG Construction In Progress Historical Data

The historical data trend for The Swatch Group 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.

* Premium members only.

The Swatch Group AG Construction In Progress Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.00 47.00 56.00 83.00 71.00

The Swatch Group AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.00 - 83.00 - 71.00

The Swatch Group 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.

The Swatch Group AG (XSWX:UHR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (XSWX:UHR) » Definitions » Construction In Progress
Comparable Companies
XSWX:LLQ XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR XPAR:KER NSE:TITAN HKSE:01913 HKSE:01929 OCSE:PNDORA TPR MIL:BC LSE:BRBY BOM:543278 SIG SHSE:600612 CPRI SHSE:600916 SZSE:002867 MIL:SFER
Traded in Other Exchanges
SWGNF:USA SWGAY:USA SWGAF:USA UHRNz:UK UHRz:UK 0QJV:UK UHRA:Germany UHRN:Switzerland
Address
Seevorstadt 6, Bienne, CHE, 2501
Website
https://www.swatchgroup.com
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (XSWX:UHR) Headlines

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