Pick N Pay Stores (JSE:PIK) Buildings And Improvements : R12,939 Mil (As of Feb. 2024)

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What is Pick N Pay Stores Buildings And Improvements?

Pick N Pay Stores's quarterly buildings and improvements declined from Feb. 2023 (R12,482 Mil) to Aug. 2023 (R0 Mil) but then increased from Aug. 2023 (R0 Mil) to Feb. 2024 (R12,939 Mil).

Pick N Pay Stores's annual buildings and improvements increased from Feb. 2022 (R11,044 Mil) to Feb. 2023 (R12,482 Mil) and increased from Feb. 2023 (R12,482 Mil) to Feb. 2024 (R12,939 Mil).

Pick N Pay Stores Buildings And Improvements Historical Data

The historical data trend for Pick N Pay Stores'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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Pick N Pay Stores Buildings And Improvements Chart

Pick N Pay Stores Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Buildings And Improvements

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10,064.20

10,332.20

11,044.30

12,482.10

12,938.50

Pick N Pay Stores Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Buildings And Improvements	Get a 7-Day Free Trial															11,044.30	-	12,482.10	-	12,938.50

Pick N Pay Stores 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.

Pick N Pay Stores (JSE:PIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pick N Pay Stores Ltd (JSE:PIK) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

PIK:Germany

Address

101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708

Website

https://www.pnp.co.za

Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.