GEN Restaurant Group (GEN Restaurant Group) Construction In Progress : $3.6 Mil (As of Mar. 2024)

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What is GEN Restaurant Group Construction In Progress?

GEN Restaurant Group's quarterly construction in progress declined from Sep. 2023 ($5.1 Mil) to Dec. 2023 ($4.9 Mil) and declined from Dec. 2023 ($4.9 Mil) to Mar. 2024 ($3.6 Mil).

GEN Restaurant Group's annual construction in progress increased from Dec. 2021 ($0.4 Mil) to Dec. 2022 ($2.4 Mil) and increased from Dec. 2022 ($2.4 Mil) to Dec. 2023 ($4.9 Mil).

GEN Restaurant Group Construction In Progress Historical Data

The historical data trend for GEN Restaurant 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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GEN Restaurant Group Construction In Progress Chart

GEN Restaurant Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

0.41

2.44

4.89

GEN Restaurant Group Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial									4.83	1.18	5.15	4.89	3.65

GEN Restaurant 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.

GEN Restaurant Group (GEN Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » GEN Restaurant Group Inc (NAS:GENK) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

11480 South Street, Suite 205, Cerritos, CA, USA, 90703

Website

https://www.genkoreanbbq.com

GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal	officer: Chief Financial Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang	director, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan	director	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang	10 percent owner	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc	10 percent owner	2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin	director, 10 percent owner, officer: Co-Chief Executive Officer	11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703