Petron (PHS:PCOR) Buildings And Improvements : ₱28,080 Mil (As of Mar. 2024)

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What is Petron Buildings And Improvements?

Petron's quarterly buildings and improvements increased from Sep. 2023 (₱28,022 Mil) to Dec. 2023 (₱29,190 Mil) but then declined from Dec. 2023 (₱29,190 Mil) to Mar. 2024 (₱28,080 Mil).

Petron's annual buildings and improvements increased from Dec. 2021 (₱25,674 Mil) to Dec. 2022 (₱28,304 Mil) and increased from Dec. 2022 (₱28,304 Mil) to Dec. 2023 (₱29,190 Mil).

Petron Buildings And Improvements Historical Data

The historical data trend for Petron's Buildings And Improvements 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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Petron Buildings And Improvements Chart

Petron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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23,772.00

24,590.00

25,674.00

28,304.00

29,190.00

Petron Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															27,125.00	27,270.00	28,022.00	29,190.00	28,080.00

Petron Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Petron (PHS:PCOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petron Corp (PHS:PCOR) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

PRF3A.PFD:Philippines PRF3B.PFD:Philippines

Address

40 San Miguel Avenue, SMC Head Office Complex, Mandaluyong City, PHL, 1550

Website

https://www.petron.com

Petron Corporation is an oil refining and marketing company based out of the Philippines. The company operates a crude-oil refinery and petrochemicals complex that processes a range of petroleum products, including gasoline, diesel, liquefied petroleum gas, kerosene, jet fuel, and petrochemical feedstocks. Petroleum products are offered to a number of industrial customers in the Philippines, along with international and domestic airline carriers. Petron also delivers its automotive fuels to customers through a network of retail service stations.