United Malt Group (ASX:UMG) Construction In Progress : A$0 Mil (As of Mar. 2023)

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What is United Malt Group Construction In Progress?

United Malt Group's quarterly construction in progress increased from Mar. 2022 (A$0 Mil) to Sep. 2022 (A$201 Mil) but then declined from Sep. 2022 (A$201 Mil) to Mar. 2023 (A$0 Mil).

United Malt Group's annual construction in progress increased from Sep. 2020 (A$62 Mil) to Sep. 2021 (A$140 Mil) and increased from Sep. 2021 (A$140 Mil) to Sep. 2022 (A$201 Mil).

United Malt Group Construction In Progress Historical Data

The historical data trend for United Malt Group'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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United Malt Group Construction In Progress Chart

United Malt Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Construction In Progress

61.60

139.50

200.70

United Malt Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Construction In Progress	Get a 7-Day Free Trial			-	139.50	-	200.70	-

United Malt Group 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.

United Malt Group (ASX:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Malt Group Ltd (ASX:UMG) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

18110 SE 34th Street, Suite 240, Vancouver, WA, USA, 98683

Website

https://www.unitedmalt.com

United Malt processes grains into malt, primarily for brewing into beer. The company is the fourth largest global malt processor and works with some of the world's largest breweries and distillers as well as fast growing craft producers. The business has capacity to process about 1.25 million metric tons of malt annually, primarily housed in the U.S. and Canada, serving the North American beer market, with additional facilities in Australia (serving both domestic brewing and exports to Asia) and the U.K. (selling to Scotch whisky distillers).

United Malt Group (ASX:UMG) Headlines

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