GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (BSP:LOWC34) » Definitions » Buildings And Improvements

Lowe's (BSP:LOWC34) Buildings And Improvements : R$88,719 Mil (As of Jan. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Lowe's Buildings And Improvements?

Lowe's's quarterly buildings and improvements stayed the same from Jul. 2023 (R$0 Mil) to Oct. 2023 (R$0 Mil) but then increased from Oct. 2023 (R$0 Mil) to Jan. 2024 (R$88,719 Mil).

Lowe's's annual buildings and improvements declined from Jan. 2022 (R$101,934 Mil) to Jan. 2023 (R$92,338 Mil) and declined from Jan. 2023 (R$92,338 Mil) to Jan. 2024 (R$88,719 Mil).


Lowe's Buildings And Improvements Historical Data

The historical data trend for Lowe's'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.

* Premium members only.

Lowe's Buildings And Improvements Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74,202.70 97,094.46 101,934.49 92,338.09 88,719.41

Lowe's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92,338.09 - - - 88,719.41

Lowe's 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.


Lowe's (BSP:LOWC34) Business Description

Traded in Other Exchanges
Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (BSP:LOWC34) Headlines

No Headlines