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CAR Group (ASX:CAR) Construction In Progress : A$0.0 Mil (As of Dec. 2023)


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What is CAR Group Construction In Progress?


CAR Group Construction In Progress Historical Data

The historical data trend for CAR Group's Construction In Progress 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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CAR Group Construction In Progress Chart

CAR Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Construction In Progress
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CAR Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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CAR Group Construction In Progress Calculation

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.


CAR Group (ASX:CAR) Business Description

Traded in Other Exchanges
Address
449 Punt Road, Level 4, Richmond, VIC, AUS, 3121
CAR Group is a technology company operating in the motor vehicles sector. CAR Group's primary business is its Australian online marketplace for automotive, www.carsales.com.au. It is the dominant online automotive marketplace in Australia, at around nine times total time spent compared with its nearest competitor. CAR Group also owns and operates businesses in various geographic, category and product adjacencies, including online marketplaces for automotive in South Korea and Latin America, nonautomotive online marketplaces in Australia and the United States, and data and replacement parts businesses.