McCormick (FRA:MCX) Construction In Progress : €0 Mil (As of Feb. 2024)

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What is McCormick Construction In Progress?

McCormick's quarterly construction in progress increased from Aug. 2023 (€0 Mil) to Nov. 2023 (€206 Mil) but then declined from Nov. 2023 (€206 Mil) to Feb. 2024 (€0 Mil).

McCormick's annual construction in progress increased from Nov. 2021 (€186 Mil) to Nov. 2022 (€234 Mil) but then declined from Nov. 2022 (€234 Mil) to Nov. 2023 (€206 Mil).

McCormick Construction In Progress Historical Data

The historical data trend for McCormick'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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McCormick Construction In Progress Chart

McCormick Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Construction In Progress

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77.65

106.17

185.62

234.17

206.33

McCormick 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															-	-	-	206.33	-

McCormick 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.

McCormick (FRA:MCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McCormick & Co Inc (FRA:MCX) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MKC.V:USA MKC:USA M1KC34:Brazil MKC:Austria

Address

24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031

Website

https://www.mccormickcorporation.com

In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the Cholula brand.

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