Bens Creek Group (Bens Creek Group) Construction In Progress : $1.73 Mil (As of Sep. 2023)

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What is Bens Creek Group Construction In Progress?

Bens Creek Group's quarterly construction in progress declined from Sep. 2022 ($3.32 Mil) to Mar. 2023 ($0.55 Mil) but then increased from Mar. 2023 ($0.55 Mil) to Sep. 2023 ($1.73 Mil).

Bens Creek Group's annual construction in progress increased from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($3.64 Mil) but then declined from Mar. 2022 ($3.64 Mil) to Mar. 2023 ($0.55 Mil).

Bens Creek Group Construction In Progress Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group Construction In Progress Chart

Bens Creek Group Annual Data

Trend

Mar21

Mar22

Mar23

Construction In Progress

3.64

0.55

Bens Creek Group Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial			-	3.64	3.32	0.55	1.73

Bens Creek Group 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.

Bens Creek Group (Bens Creek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bens Creek Group PLC (OTCPK:BENCF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

BEN:UK

Address

15 Stratton Street, London, GBR, W1J 8LQ

Website

https://www.benscreek.com

Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

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