Australian Agricultural Co (ASX:AAC) Construction In Progress : A$0.0 Mil (As of Sep. 2023)

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What is Australian Agricultural Co Construction In Progress?

Australian Agricultural Co's quarterly construction in progress increased from Sep. 2022 (A$0.0 Mil) to Mar. 2023 (A$5.0 Mil) but then declined from Mar. 2023 (A$5.0 Mil) to Sep. 2023 (A$0.0 Mil).

Australian Agricultural Co's annual construction in progress increased from Mar. 2021 (A$1.5 Mil) to Mar. 2022 (A$3.6 Mil) and increased from Mar. 2022 (A$3.6 Mil) to Mar. 2023 (A$5.0 Mil).

Australian Agricultural Co Construction In Progress Historical Data

The historical data trend for Australian Agricultural Co'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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Australian Agricultural Co Construction In Progress Chart

Australian Agricultural Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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1.22

3.01

1.48

3.60

4.98

Australian Agricultural Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial															-	3.60	-	4.98	-

Australian Agricultural Co 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.

Australian Agricultural Co (ASX:AAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (ASX:AAC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ASAGF:USA AAYYY:USA AY5:Germany

Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.