Conifex Timber (TSX:CFF) Construction In Progress : C$3.6 Mil (As of Dec. 2023)

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What is Conifex Timber Construction In Progress?

Conifex Timber's quarterly construction in progress declined from Jun. 2023 (C$5.2 Mil) to Sep. 2023 (C$3.7 Mil) and declined from Sep. 2023 (C$3.7 Mil) to Dec. 2023 (C$3.6 Mil).

Conifex Timber's annual construction in progress increased from Dec. 2021 (C$2.2 Mil) to Dec. 2022 (C$6.0 Mil) but then declined from Dec. 2022 (C$6.0 Mil) to Dec. 2023 (C$3.6 Mil).

Conifex Timber Construction In Progress Historical Data

The historical data trend for Conifex Timber'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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Conifex Timber Construction In Progress Chart

Conifex Timber Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.44

0.35

2.24

5.95

3.60

Conifex Timber 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															5.95	5.19	5.21	3.66	3.60

Conifex Timber 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.

Conifex Timber (TSX:CFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (TSX:CFF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CFXTF:USA 5CA:Germany

Address

980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6

Website

https://www.conifex.com

Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Executives

John Michael Costello

Director

Conifex Timber (TSX:CFF) Headlines

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