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Matthews International Corporation's quarterly construction in progress increased from Jun. 2015 ($0 Mil) to Sep. 2015 ($30 Mil) but then declined from Sep. 2015 ($30 Mil) to Dec. 2015 ($0 Mil).
Matthews International Corporation's annual construction in progress declined from Sep. 2013 ($17 Mil) to Sep. 2014 ($10 Mil) but then increased from Sep. 2014 ($10 Mil) to Sep. 2015 ($30 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 own currency.
Matthews International Corporation Annual Data
Matthews International Corporation Quarterly Data