Packaging of America (BSP:P1KG34) Construction In Progress : R$1,645 Mil (As of Dec. 2023)

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What is Packaging of America Construction In Progress?

Packaging of America's quarterly construction in progress increased from Jun. 2023 (R$1,738 Mil) to Sep. 2023 (R$1,790 Mil) but then declined from Sep. 2023 (R$1,790 Mil) to Dec. 2023 (R$1,645 Mil).

Packaging of America's annual construction in progress declined from Dec. 2021 (R$2,720 Mil) to Dec. 2022 (R$2,309 Mil) and declined from Dec. 2022 (R$2,309 Mil) to Dec. 2023 (R$1,645 Mil).

Packaging of America Construction In Progress Historical Data

The historical data trend for Packaging of America'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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Packaging of America Construction In Progress Chart

Packaging of America Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Construction In Progress

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714.18

1,852.09

2,720.01

2,309.03

1,645.35

Packaging of America Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															1,970.93	1,738.11	1,790.28	1,645.35	-

Packaging of America 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.

Packaging of America (BSP:P1KG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packaging Corp of America (BSP:P1KG34) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PKG:USA PKA:Germany

Address

1 North Field Court, Lake Forest, IL, USA, 60045

Website

https://www.packagingcorp.com

Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.

Packaging of America (BSP:P1KG34) Headlines

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