ConvaTec Group (LSE:CTEC) Buildings And Improvements : £183 Mil (As of Dec. 2023)

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What is ConvaTec Group Buildings And Improvements?

ConvaTec Group's quarterly buildings and improvements declined from Dec. 2022 (£165 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£183 Mil).

ConvaTec Group's annual buildings and improvements increased from Dec. 2021 (£151 Mil) to Dec. 2022 (£165 Mil) and increased from Dec. 2022 (£165 Mil) to Dec. 2023 (£183 Mil).

ConvaTec Group Buildings And Improvements Historical Data

The historical data trend for ConvaTec Group'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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ConvaTec Group Buildings And Improvements Chart

ConvaTec Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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92.63

148.58

150.55

164.86

183.36

ConvaTec Group Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial														150.55	-	164.86	-	183.36

ConvaTec Group 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.

ConvaTec Group (LSE:CTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ConvaTec Group PLC (LSE:CTEC) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

CNVVF:USA CNVVY:USA CTECl:UK

Address

23 Forbury Road, 3 Forbury Place, Reading, GBR, RG1 3JH

Website

https://www.convatecgroup.com

Originally spun out of Bristol-Myers Squibb, Convatec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and continence care are the largest divisions, accounting for 30% and 26% of total revenue, respectively. Ostomy contributes 25% of revenue and infusion sets 19%.