LNXSF (Lanxess AG) Construction In Progress : $0 Mil (As of Jun. 2024)

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What is Lanxess AG Construction In Progress?

Lanxess AG's quarterly construction in progress declined from Dec. 2023 ($373 Mil) to Mar. 2024 ($0 Mil) but then stayed the same from Mar. 2024 ($0 Mil) to Jun. 2024 ($0 Mil).

Lanxess AG's annual construction in progress declined from Dec. 2021 ($650 Mil) to Dec. 2022 ($462 Mil) and declined from Dec. 2022 ($462 Mil) to Dec. 2023 ($373 Mil).

Lanxess AG Construction In Progress Historical Data

The historical data trend for Lanxess 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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Lanxess AG Construction In Progress Chart

Lanxess AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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542.22

626.52

649.72

461.86

372.96

Lanxess AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Construction In Progress	Get a 7-Day Free Trial															-	-	372.96	-	-

Lanxess 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.

Lanxess AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (OTCPK:LNXSF) » Definitions » Construction In Progress

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Traded in Other Exchanges

LNXSY:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria

Address

Kennedyplatz 1, Cologne, DEU, 50569

Website

https://lanxess.com

Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.