2Go Group (PHS:2GO) Construction In Progress : ₱4 Mil (As of Mar. 2023)

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What is 2Go Group Construction In Progress?

2Go Group's quarterly construction in progress increased from Sep. 2022 (₱0 Mil) to Dec. 2022 (₱4 Mil) but then stayed the same from Dec. 2022 (₱4 Mil) to Mar. 2023 (₱4 Mil).

2Go Group's annual construction in progress stayed the same from Dec. 2020 (₱0 Mil) to Dec. 2021 (₱0 Mil) but then increased from Dec. 2021 (₱0 Mil) to Dec. 2022 (₱4 Mil).

2Go Group Construction In Progress Historical Data

The historical data trend for 2Go 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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2Go Group Construction In Progress Chart

2Go Group Annual Data

Trend

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Dec22

Construction In Progress

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115.12

0.05

4.47

2Go Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Construction In Progress	Get a 7-Day Free Trial															0.05	0.05	0.05	4.47	4.47

2Go 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.

2Go Group (PHS:2GO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » 2Go Group Inc (PHS:2GO) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Macapagal Boulevard, 8th Floor Double Dragon Plaza, Tower 1, corner EDSA Extension, Pasay, PHL, 1302

Website

https://www.2go.com.ph

2Go Group Inc is a Philippines-based logistics provider. The group owns and operates successful brands such as 2GO Travel, 2GO Freight, 2GO Express, and 2GO Logistics, offering an array of logistics and travel services. The business functions throughout the Philippines and it offers services such as international shipping, international freight forwarding, customs clearance, domestic shipping, freight and travel, warehousing, land transport, express, projects, and trade. Its reporting segments involve the shipping segment which t provides ocean-going transportation of passengers, rolling cargo, and freight cargo and the non-shipping segment provides logistics, sale of goods, supply chain management, and other services.

2Go Group (PHS:2GO) Headlines

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