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Webzen (Webzen) Buildings And Improvements : $29.7 Mil (As of Dec. 2023)


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What is Webzen Buildings And Improvements?

Webzen's quarterly buildings and improvements declined from Jun. 2023 ($21.9 Mil) to Sep. 2023 ($21.1 Mil) but then increased from Sep. 2023 ($21.1 Mil) to Dec. 2023 ($29.7 Mil).

Webzen's annual buildings and improvements declined from Dec. 2021 ($29.8 Mil) to Dec. 2022 ($28.4 Mil) but then increased from Dec. 2022 ($28.4 Mil) to Dec. 2023 ($29.7 Mil).


Webzen Buildings And Improvements Historical Data

The historical data trend for Webzen'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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Webzen Buildings And Improvements Chart

Webzen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.69 26.02 29.78 28.45 29.67

Webzen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements 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 28.45 21.95 21.91 21.13 29.67

Webzen 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.


Webzen (Webzen) Business Description

Traded in Other Exchanges
Address
182-13 Guro-dong, Guro-gu, Seoul, KOR, 152-790
Webzen Inc is a South Korean technology company that develops and publishes online games and engages in software licensing and related services. Webzen offers free-to-play games and generates revenue through in-game virtual currency purchases. The company's segments include personal computer online games, console games, mobile network games, and derived merchandising enterprises. The firm operates a global service platform known as Webzen across North America, Europe, and South America. One of Webzen's notable games is MU Origin.

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