Culp (CULP) Buildings And Improvements

: $0.0 Mil (As of Jan. 2024)

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Culp's annual buildings and improvements increased from Apr. 2021 ($31.2 Mil) to Apr. 2022 ($31.6 Mil) but then declined from Apr. 2022 ($31.6 Mil) to Apr. 2023 ($30.4 Mil).

Culp Buildings And Improvements Historical Data

The historical data trend for Culp'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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Culp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Buildings And Improvements

31.05

31.21

31.63

30.41

Culp 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																-	30.41	-	-	-

Culp 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.

Culp (CULP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Culp Inc (NYSE:CULP) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

CUZ:Germany

Address

1823 Eastchester Drive, High Point, NC, USA, 27265

Website

https://www.culp.com

Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.

Executives

Jonathan Lee Kelly	director	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Kimberly Bullock Gatling	director	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Thomas Bruno	officer: President, Culp Home Fashions	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh	director	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr	officer: Chief Accounting Officer	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis	director	NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Fred A Jackson	director	C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Teresa Atkins Huffman	officer: Senior VP, Human Resources	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker	director	4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Franklin N Saxon	director, officer: President and COO	8508 MAHALA DR, HIGH POINT NC 27265
Culp Robert George Iv	officer: President, CHF division	101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kenneth W Mcallister	director	220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin	officer: VP, General Counsel, Secretary	1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown	officer: President, Culp Home Fashions	7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii	director, 10 percent owner, officer: Chairman and CEO	903 FORREST HILL DR, HIGH POINT NC 27262