Philippine Racing Club (PHS:PRC) Buildings And Improvements : ₱1,354.7 Mil (As of Jun. 2024)

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What is Philippine Racing Club Buildings And Improvements?

Philippine Racing Club's quarterly buildings and improvements stayed the same from Dec. 2023 (₱1,354.7 Mil) to Mar. 2024 (₱1,354.7 Mil) and stayed the same from Mar. 2024 (₱1,354.7 Mil) to Jun. 2024 (₱1,354.7 Mil).

Philippine Racing Club's annual buildings and improvements increased from Dec. 2021 (₱1,354.3 Mil) to Dec. 2022 (₱1,354.3 Mil) and increased from Dec. 2022 (₱1,354.3 Mil) to Dec. 2023 (₱1,354.7 Mil).

Philippine Racing Club Buildings And Improvements Historical Data

The historical data trend for Philippine Racing Club'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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Philippine Racing Club Buildings And Improvements Chart

Philippine Racing Club Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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1,358.12

1,354.28

1,354.33

1,354.73

Philippine Racing Club Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Buildings And Improvements	Get a 7-Day Free Trial															1,304.58	1,304.58	1,354.73	1,354.73	1,354.73

Philippine Racing Club 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.

Philippine Racing Club Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Racing Club Inc (PHS:PRC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 1207

Website

http://www.prci.com.ph

Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational and memorial parks and owning, operating, managing and/or selling real estate. The company's reportable segment involves Real Estate Operations, Club Racing Operations, and Leasing and Sale of Food, beverages, and Services. It derives key revenue from the real estate sales activity.

Philippine Racing Club Headlines

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