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Target (BSP:TGTB34) Construction In Progress : R$8,376 Mil (As of Jan. 2024)


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What is Target Construction In Progress?

Target's quarterly construction in progress declined from Jul. 2023 (R$12,678 Mil) to Oct. 2023 (R$10,112 Mil) and declined from Oct. 2023 (R$10,112 Mil) to Jan. 2024 (R$8,376 Mil).

Target's annual construction in progress increased from Jan. 2022 (R$6,951 Mil) to Jan. 2023 (R$13,957 Mil) but then declined from Jan. 2023 (R$13,957 Mil) to Jan. 2024 (R$8,376 Mil).


Target Construction In Progress Historical Data

The historical data trend for Target'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.

* Premium members only.

Target Construction In Progress Chart

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,212.59 4,186.49 6,951.21 13,956.63 8,375.70

Target Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Construction In Progress 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 13,956.63 14,170.67 12,678.12 10,111.80 8,375.70

Target 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.


Target (BSP:TGTB34) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (BSP:TGTB34) Headlines

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