Restaurant Brands NZ (ASX:RBD) Construction In Progress : A$21 Mil (As of Dec. 2023)

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What is Restaurant Brands NZ Construction In Progress?

Restaurant Brands NZ's quarterly construction in progress declined from Dec. 2022 (A$21 Mil) to Jun. 2023 (A$0 Mil) but then increased from Jun. 2023 (A$0 Mil) to Dec. 2023 (A$21 Mil).

Restaurant Brands NZ's annual construction in progress declined from Dec. 2021 (A$29 Mil) to Dec. 2022 (A$21 Mil) but then increased from Dec. 2022 (A$21 Mil) to Dec. 2023 (A$21 Mil).

Restaurant Brands NZ Construction In Progress Historical Data

The historical data trend for Restaurant Brands NZ'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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Restaurant Brands NZ Construction In Progress Chart

Restaurant Brands NZ Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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9.22

17.82

28.89

20.65

21.46

Restaurant Brands NZ Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															28.89	-	20.65	-	21.46

Restaurant Brands NZ 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.

Restaurant Brands NZ (ASX:RBD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands NZ Ltd (ASX:RBD) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RTBRF:USA RBD:New Zealand

Address

666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051

Website

https://www.restaurantbrands.co.nz

Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (ASX:RBD) Headlines

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