Acreage Holdings (Acreage Holdings) Construction In Progress : $4.1 Mil (As of Dec. 2023)

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What is Acreage Holdings Construction In Progress?

Acreage Holdings's quarterly construction in progress increased from Jun. 2023 ($11.4 Mil) to Sep. 2023 ($14.9 Mil) but then declined from Sep. 2023 ($14.9 Mil) to Dec. 2023 ($4.1 Mil).

Acreage Holdings's annual construction in progress declined from Dec. 2021 ($7.6 Mil) to Dec. 2022 ($6.2 Mil) and declined from Dec. 2022 ($6.2 Mil) to Dec. 2023 ($4.1 Mil).

Acreage Holdings Construction In Progress Historical Data

The historical data trend for Acreage Holdings'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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Acreage Holdings Construction In Progress Chart

Acreage Holdings Annual Data

Trend

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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17.29

13.70

7.64

6.18

4.07

Acreage Holdings 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															6.18	7.73	11.42	14.88	4.07

Acreage Holdings 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.

Acreage Holdings (Acreage Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Acreage Holdings Inc (OTCPK:ACRDF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ACRHF:USA 0VZ1:Germany ACRG.A.U:Canada ACRG.B.U:Canada

Address

450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163

Website

https://www.acreageholdings.com

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.