Lynch Group Holdings (ASX:LGL) Construction In Progress : A$2.4 Mil (As of Jun. 2024)

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What is Lynch Group Holdings Construction In Progress?

Lynch Group Holdings's quarterly construction in progress declined from Jun. 2023 (A$4.8 Mil) to Dec. 2023 (A$0.0 Mil) but then increased from Dec. 2023 (A$0.0 Mil) to Jun. 2024 (A$2.4 Mil).

Lynch Group Holdings's annual construction in progress declined from Jun. 2022 (A$11.8 Mil) to Jun. 2023 (A$4.8 Mil) and declined from Jun. 2023 (A$4.8 Mil) to Jun. 2024 (A$2.4 Mil).

Lynch Group Holdings Construction In Progress Historical Data

The historical data trend for Lynch Group 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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Lynch Group Holdings Construction In Progress Chart

Lynch Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Construction In Progress

6.13

11.76

4.80

2.39

Lynch Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Construction In Progress	Get a 7-Day Free Trial			11.76	-	4.80	-	2.39

Lynch Group 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.

Lynch Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lynch Group Holdings Ltd (ASX:LGL) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565

Website

https://www.lynchgroup.com.au

Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.