Sonic Automotive (STU:SA8A) Construction In Progress

: €56 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Sonic Automotive's quarterly construction in progress increased from Jun. 2023 (€45 Mil) to Sep. 2023 (€65 Mil) but then declined from Sep. 2023 (€65 Mil) to Dec. 2023 (€56 Mil).

Sonic Automotive's annual construction in progress declined from Dec. 2021 (€60 Mil) to Dec. 2022 (€54 Mil) but then increased from Dec. 2022 (€54 Mil) to Dec. 2023 (€56 Mil).

Sonic Automotive Construction In Progress Historical Data

The historical data trend for Sonic Automotive'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.

Sonic Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

45.84

28.61

60.27

53.81

56.30

Sonic Automotive 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																53.81	50.16	44.67	65.31	56.30

Sonic Automotive 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.

Sonic Automotive (STU:SA8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sonic Automotive Inc (STU:SA8A) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SAH:USA SA8A:Germany

Address

4401 Colwick Road, Charlotte, NC, USA, 28211

Website

https://www.sonicautomotive.com

Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark and 7 Northwest Motorsports used-vehicle stores, and 16 collision centers. The company derives revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 83% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 26%. 2022's revenue was $14 billion, with EchoPark's portion totaling $2.5 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.

Sonic Automotive (STU:SA8A) Headlines

No Headlines