/term/buildings-and-improvements/SAU:9564 Horizon Foods Co (SAU:9564) Buildings And Improvements
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Horizon Foods Co (SAU:9564) Buildings And Improvements : ﷼13.84 Mil (As of Dec. 2023)


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What is Horizon Foods Co Buildings And Improvements?

Horizon Foods Co's quarterly buildings and improvements declined from Dec. 2022 (﷼13.84 Mil) to Jun. 2023 (﷼0.00 Mil) but then increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼13.84 Mil).

Horizon Foods Co's annual buildings and improvements increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼13.84 Mil) but then stayed the same from Dec. 2022 (﷼13.84 Mil) to Dec. 2023 (﷼13.84 Mil).


Horizon Foods Co Buildings And Improvements Historical Data

The historical data trend for Horizon Foods Co'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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Horizon Foods Co Buildings And Improvements Chart

Horizon Foods Co Annual Data
Trend Dec22 Dec23
Buildings And Improvements
13.84 13.84

Horizon Foods Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Buildings And Improvements - 13.84 - 13.84

Horizon Foods Co 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.


Horizon Foods Co (SAU:9564) Business Description

Traded in Other Exchanges
N/A
Address
Third Industrial Area Zone G, Dammam, SAU
Horizon Foods Co engages in the production, manufacturing, processing, cutting, packaging, and shaping of meat and poultry, and its main activity is in the manufacture of shawarma molds. Its product offerings comprise meat shawarma, Doner Kabab, and Chicken Shawarma.

Horizon Foods Co (SAU:9564) Headlines

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