Cheesecake Factory (LTS:0A5B) Construction In Progress : $58 Mil (As of Dec. 2023)

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What is Cheesecake Factory Construction In Progress?

Cheesecake Factory's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($58 Mil).

Cheesecake Factory's annual construction in progress increased from Dec. 2021 ($35 Mil) to Dec. 2022 ($37 Mil) and increased from Dec. 2022 ($37 Mil) to Dec. 2023 ($58 Mil).

Cheesecake Factory Construction In Progress Historical Data

The historical data trend for Cheesecake Factory'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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Cheesecake Factory Construction In Progress Chart

Cheesecake Factory Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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23.73

46.49

35.07

36.68

58.07

Cheesecake Factory Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															36.68	-	-	-	58.07

Cheesecake Factory 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.

Cheesecake Factory (LTS:0A5B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cheesecake Factory Inc (LTS:0A5B) » Definitions » Construction In Progress

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CAKE:USA

Address

26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301

Website

https://www.thecheesecakefactory.com

Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.

Cheesecake Factory (LTS:0A5B) Headlines

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