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Steelcase (STU:GJB) Buildings And Improvements : €383 Mil (As of Feb. 2024)


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What is Steelcase Buildings And Improvements?

Steelcase's quarterly buildings and improvements stayed the same from Aug. 2023 (€0 Mil) to Nov. 2023 (€0 Mil) but then increased from Nov. 2023 (€0 Mil) to Feb. 2024 (€383 Mil).

Steelcase's annual buildings and improvements increased from Feb. 2022 (€354 Mil) to Feb. 2023 (€387 Mil) but then declined from Feb. 2023 (€387 Mil) to Feb. 2024 (€383 Mil).

Steelcase Buildings And Improvements Historical Data

The historical data trend for Steelcase'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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Steelcase Buildings And Improvements Chart

Steelcase Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 360.75 335.27 354.07 386.77 383.22

Steelcase Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 386.77 - - - 383.22

Steelcase 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.

Steelcase (STU:GJB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Steelcase Inc (STU:GJB) » Definitions » Buildings And Improvements
Comparable Companies
HNI EBF ACTG ACCO TSE:7752 TSE:6448 SHSE:603899 SZSE:002152 TSE:8060 TSE:7984 HKSE:02429 SZSE:300130 TSE:4902 TSE:7994 BOM:544045 TSE:7846 HKSE:00327 XTER:TTK TSE:7976 LSE:MEGP
Traded in Other Exchanges
SCS:USA GJB:Germany
Address
901 44th Street SE, Grand Rapids, MI, USA, 49508
Website
https://www.steelcase.com
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.

Steelcase (STU:GJB) Headlines

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