Lotus Bakeries NV (XBRU:LOTB) Construction In Progress : €46 Mil (As of Dec. 2023)

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What is Lotus Bakeries NV Construction In Progress?

Lotus Bakeries NV's quarterly construction in progress declined from Dec. 2022 (€108 Mil) to Jun. 2023 (€0 Mil) but then increased from Jun. 2023 (€0 Mil) to Dec. 2023 (€46 Mil).

Lotus Bakeries NV's annual construction in progress increased from Dec. 2021 (€40 Mil) to Dec. 2022 (€108 Mil) but then declined from Dec. 2022 (€108 Mil) to Dec. 2023 (€46 Mil).

Lotus Bakeries NV Construction In Progress Historical Data

The historical data trend for Lotus Bakeries NV'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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Lotus Bakeries NV Construction In Progress Chart

Lotus Bakeries NV Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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9.45

5.97

39.75

108.40

46.26

Lotus Bakeries NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															39.75	-	108.40	-	46.26

Lotus Bakeries NV 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.

Lotus Bakeries NV (XBRU:LOTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotus Bakeries NV (XBRU:LOTB) » Definitions » Construction In Progress

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Traded in Other Exchanges

LOTBb:UK

Address

Gentstraat 1, Lembeke, BEL, B-9971

Website

https://www.lotusbakeries.com

Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.

Lotus Bakeries NV (XBRU:LOTB) Headlines

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