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Gap (LTS:0ITS) Construction In Progress : $177 Mil (As of Jan. 2024)


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What is Gap Construction In Progress?

Gap's quarterly construction in progress stayed the same from Jul. 2023 ($0 Mil) to Oct. 2023 ($0 Mil) but then increased from Oct. 2023 ($0 Mil) to Jan. 2024 ($177 Mil).

Gap's annual construction in progress increased from Jan. 2021 ($165 Mil) to Jan. 2022 ($344 Mil) but then declined from Jan. 2022 ($344 Mil) to Jan. 2023 ($177 Mil).


Gap Construction In Progress Historical Data

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

Gap Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 183.00 202.00 165.00 344.00 177.00

Gap Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.00 - - - 177.00

Gap 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.


Gap (LTS:0ITS) Business Description

Traded in Other Exchanges
Address
Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,600 stores in North America, Europe, and Asia and franchises more than 900 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

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