Market Cap : 844.44 M | Enterprise Value : 967.64 M | PE Ratio : 17.86 | PB Ratio : 2.23 |
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Quanex Building Products's quarterly construction in progress increased from Jul. 2020 ($0.0 Mil) to Oct. 2020 ($14.4 Mil) but then declined from Oct. 2020 ($14.4 Mil) to Jan. 2021 ($0.0 Mil).
Quanex Building Products's annual construction in progress increased from Oct. 2018 ($10.3 Mil) to Oct. 2019 ($12.3 Mil) and increased from Oct. 2019 ($12.3 Mil) to Oct. 2020 ($14.4 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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