Spar Group (JSE:SPP) Construction In Progress : R117 Mil (As of Sep. 2023)

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What is Spar Group Construction In Progress?

Spar Group's quarterly construction in progress declined from Sep. 2022 (R285 Mil) to Mar. 2023 (R0 Mil) but then increased from Mar. 2023 (R0 Mil) to Sep. 2023 (R117 Mil).

Spar Group's annual construction in progress increased from Sep. 2021 (R154 Mil) to Sep. 2022 (R285 Mil) but then declined from Sep. 2022 (R285 Mil) to Sep. 2023 (R117 Mil).

Spar Group Construction In Progress Historical Data

The historical data trend for Spar 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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Spar Group Construction In Progress Chart

Spar Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Construction In Progress

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75.50

153.90

285.40

117.30

Spar Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial															153.90	-	285.40	-	117.30

Spar 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.

Spar Group (JSE:SPP) Business Description

Industry

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Traded in Other Exchanges

SGPPY:USA

Address

22 Chancery Lane, P.O. Box 1589, Pinetown, NL, ZAF, 3600

Website

https://www.spar.co.za

Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.

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