Chipotle Mexican Grill (LTS:0HXW) Construction In Progress : $0 Mil (As of Mar. 2024)

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What is Chipotle Mexican Grill Construction In Progress?

Chipotle Mexican Grill's quarterly construction in progress increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($162 Mil) but then declined from Dec. 2023 ($162 Mil) to Mar. 2024 ($0 Mil).

Chipotle Mexican Grill's annual construction in progress increased from Dec. 2021 ($107 Mil) to Dec. 2022 ($123 Mil) and increased from Dec. 2022 ($123 Mil) to Dec. 2023 ($162 Mil).

Chipotle Mexican Grill Construction In Progress Historical Data

The historical data trend for Chipotle Mexican Grill'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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Chipotle Mexican Grill Construction In Progress Chart

Chipotle Mexican Grill Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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45.42

76.32

107.22

123.45

161.72

Chipotle Mexican Grill 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															-	-	-	161.72	-

Chipotle Mexican Grill 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.

Chipotle Mexican Grill (LTS:0HXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (LTS:0HXW) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CMG:USA CMG:Mexico C1MG34:Brazil

Address

610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Chipotle Mexican Grill (LTS:0HXW) Headlines

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