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Costco Wholesale (BSP:COWC34) Construction In Progress : R$0 Mil (As of Feb. 2024)


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What is Costco Wholesale Construction In Progress?

Costco Wholesale's quarterly construction in progress declined from Aug. 2023 (R$6,205 Mil) to Nov. 2023 (R$0 Mil) but then stayed the same from Nov. 2023 (R$0 Mil) to Feb. 2024 (R$0 Mil).

Costco Wholesale's annual construction in progress increased from Aug. 2021 (R$7,910 Mil) to Aug. 2022 (R$8,132 Mil) but then declined from Aug. 2022 (R$8,132 Mil) to Aug. 2023 (R$6,205 Mil).


Costco Wholesale Construction In Progress Historical Data

The historical data trend for Costco Wholesale'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.

* Premium members only.

Costco Wholesale Construction In Progress Chart

Costco Wholesale Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,115.98 6,977.81 7,909.79 8,132.11 6,204.92

Costco Wholesale Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 6,204.92 - -

Costco Wholesale 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.


Costco Wholesale (BSP:COWC34) Business Description

Address
999 Lake Drive, Issaquah, WA, USA, 98027
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.

Costco Wholesale (BSP:COWC34) Headlines

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