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Wickes Group (LSE:WIX) Buildings And Improvements : £668 Mil (As of Dec. 2023)


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What is Wickes Group Buildings And Improvements?

Wickes Group's quarterly buildings and improvements declined from Dec. 2022 (£664 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£668 Mil).

Wickes Group's annual buildings and improvements declined from Dec. 2021 (£732 Mil) to Dec. 2022 (£664 Mil) but then increased from Dec. 2022 (£664 Mil) to Dec. 2023 (£668 Mil).


Wickes Group Buildings And Improvements Historical Data

The historical data trend for Wickes Group'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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Wickes Group Buildings And Improvements Chart

Wickes Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial 840.40 769.20 732.20 663.60 668.30

Wickes Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only 732.20 - 663.60 - 668.30

Wickes Group 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.


Wickes Group (LSE:WIX) Business Description

Traded in Other Exchanges
Address
19 Colonial Way, Vision House, Watford, GBR, WD24 4JL
Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.