Interfor (Interfor) Construction In Progress : $0 Mil (As of Mar. 2024)

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What is Interfor Construction In Progress?

Interfor's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($137 Mil) but then declined from Dec. 2023 ($137 Mil) to Mar. 2024 ($0 Mil).

Interfor's annual construction in progress increased from Dec. 2021 ($105 Mil) to Dec. 2022 ($132 Mil) and increased from Dec. 2022 ($132 Mil) to Dec. 2023 ($137 Mil).

Interfor Construction In Progress Historical Data

The historical data trend for Interfor'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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Interfor Construction In Progress Chart

Interfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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103.36

46.79

104.67

131.84

137.15

Interfor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	137.15	-

Interfor 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.

Interfor (Interfor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (OTCPK:IFSPF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

8IF1:Germany IFP:Canada

Address

1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2

Website

https://www.interfor.com

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.