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Bid (JSE:BID) Construction In Progress : R0 Mil (As of Dec. 2023)


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What is Bid Construction In Progress?

Bid's quarterly construction in progress increased from Dec. 2022 (R0 Mil) to Jun. 2023 (R776 Mil) but then declined from Jun. 2023 (R776 Mil) to Dec. 2023 (R0 Mil).

Bid's annual construction in progress increased from Jun. 2021 (R411 Mil) to Jun. 2022 (R988 Mil) but then declined from Jun. 2022 (R988 Mil) to Jun. 2023 (R776 Mil).

Bid Construction In Progress Historical Data

The historical data trend for Bid'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.

Bid Construction In Progress Chart

Bid Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 847.69 410.83 987.76 776.14

Bid Semi-Annual Data
Jun13 Jun14 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 - 987.76 - 776.14 -

Bid 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.

Bid (JSE:BID) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bid Corp Ltd (JSE:BID) » Definitions » Construction In Progress
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Traded in Other Exchanges
BDDDY:USA BPPPF:USA
Address
90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196
Website
http://www.bidcorpgroup.com
Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.