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GuruFocus has detected 3 Warning Signs with BlueLinx Holdings Inc $BXC.
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BlueLinx Holdings Inc (NYSE:BXC)
Construction In Progress
$3 Mil (As of Dec. 2016)

BlueLinx Holdings Inc's quarterly construction in progress increased from Jun. 2016 ($0 Mil) to Sep. 2016 ($2 Mil) and increased from Sep. 2016 ($2 Mil) to Dec. 2016 ($3 Mil).

BlueLinx Holdings Inc's annual construction in progress declined from Dec. 2014 ($1 Mil) to Dec. 2015 ($0 Mil) but then increased from Dec. 2015 ($0 Mil) to Dec. 2016 ($3 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

BlueLinx Holdings Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ConstructionInProgress 4212113103

BlueLinx Holdings Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ConstructionInProgress 0101000023
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