Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Construction In Progress : $69 Mil (As of Dec. 2023)

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What is Budweiser Brewing Co APAC Construction In Progress?

Budweiser Brewing Co APAC's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($69 Mil).

Budweiser Brewing Co APAC's annual construction in progress declined from Dec. 2021 ($135 Mil) to Dec. 2022 ($106 Mil) and declined from Dec. 2022 ($106 Mil) to Dec. 2023 ($69 Mil).

Budweiser Brewing Co APAC Construction In Progress Historical Data

The historical data trend for Budweiser Brewing Co APAC'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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Budweiser Brewing Co APAC Construction In Progress Chart

Budweiser Brewing Co APAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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291.00

330.00

135.00

106.00

69.00

Budweiser Brewing Co APAC Quarterly Data
	Dec17	Mar18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial													-	106.00	-	-	69.00

Budweiser Brewing Co APAC 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.

Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBF) » Definitions » Construction In Progress

Traded in Other Exchanges

BDWBY:USA 01876:Hong Kong 4BB:Germany

Address

1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.budweiserapac.com

Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.