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Brady Corp's quarterly construction in progress increased from Apr. 2016 ($2 Mil) to Jul. 2016 ($3 Mil) but then declined from Jul. 2016 ($3 Mil) to Oct. 2016 ($2 Mil).
Brady Corp's annual construction in progress declined from Jul. 2014 ($13 Mil) to Jul. 2015 ($2 Mil) but then increased from Jul. 2015 ($2 Mil) to Jul. 2016 ($3 Mil).
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.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Brady Corp Annual Data
Brady Corp Semi-Annual Data