Wipro (WIT) Buildings And Improvements : $904 Mil (As of Sep. 2023)

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What is Wipro Buildings And Improvements?

Wipro's quarterly buildings and improvements increased from Mar. 2023 ($920 Mil) to Jun. 2023 ($928 Mil) but then declined from Jun. 2023 ($928 Mil) to Sep. 2023 ($904 Mil).

Wipro's annual buildings and improvements increased from Mar. 2021 ($800 Mil) to Mar. 2022 ($875 Mil) and increased from Mar. 2022 ($875 Mil) to Mar. 2023 ($920 Mil).

Wipro Buildings And Improvements Historical Data

The historical data trend for Wipro's Buildings And Improvements 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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Wipro Buildings And Improvements Chart

Wipro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Buildings And Improvements

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395.60

699.33

800.03

875.17

919.52

Wipro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Buildings And Improvements	Get a 7-Day Free Trial															849.85	907.49	919.52	928.35	904.36

Wipro Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Wipro (WIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wipro Ltd (NYSE:WIT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

WIPRO:India 507685:India WIOA:Germany WIOA:Germany WIOA:Austria

Address

Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035

Website

https://www.wipro.com

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.