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Taylor Wimpey (LSE:TW.) Buildings And Improvements : £26 Mil (As of Dec. 2023)


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What is Taylor Wimpey Buildings And Improvements?

Taylor Wimpey's quarterly buildings and improvements declined from Dec. 2022 (£17 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£26 Mil).

Taylor Wimpey's annual buildings and improvements declined from Dec. 2021 (£18 Mil) to Dec. 2022 (£17 Mil) but then increased from Dec. 2022 (£17 Mil) to Dec. 2023 (£26 Mil).


Taylor Wimpey Buildings And Improvements Historical Data

The historical data trend for Taylor Wimpey's Buildings And Improvements 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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Taylor Wimpey Buildings And Improvements Chart

Taylor Wimpey Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.00 18.40 17.60 17.00 25.70

Taylor Wimpey Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Buildings And Improvements 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 17.60 - 17.00 - 25.70

Taylor Wimpey Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Taylor Wimpey (LSE:TW.) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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