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Educational Development Corp's quarterly construction in progress increased from Nov. 2015 ($0.00 Mil) to Feb. 2016 ($0.61 Mil) but then declined from Feb. 2016 ($0.61 Mil) to May. 2016 ($0.00 Mil).
Educational Development Corp's annual construction in progress increased from Feb. 2014 ($0.00 Mil) to Feb. 2015 ($0.20 Mil) and increased from Feb. 2015 ($0.20 Mil) to Feb. 2016 ($0.61 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.
Educational Development Corp Annual Data
Educational Development Corp Quarterly Data