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Globe Telecom (Globe Telecom) Construction In Progress : $1,761 Mil (As of Mar. 2024)


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What is Globe Telecom Construction In Progress?

Globe Telecom's quarterly construction in progress increased from Sep. 2023 ($1,729 Mil) to Dec. 2023 ($1,785 Mil) but then declined from Dec. 2023 ($1,785 Mil) to Mar. 2024 ($1,761 Mil).

Globe Telecom's annual construction in progress increased from Dec. 2021 ($1,086 Mil) to Dec. 2022 ($1,365 Mil) and increased from Dec. 2022 ($1,365 Mil) to Dec. 2023 ($1,785 Mil).

Globe Telecom Construction In Progress Historical Data

The historical data trend for Globe Telecom'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.

Globe Telecom Construction In Progress Chart

Globe Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 432.86 566.69 1,086.11 1,364.91 1,785.18

Globe Telecom 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 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 1,505.96 1,669.38 1,728.83 1,785.18 1,761.22

Globe Telecom 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.

Globe Telecom (Globe Telecom) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (OTCPK:GTMEY) » Definitions » Construction In Progress
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PHS:TEL PHS:CNVRG PHS:DITO PHS:NOW PHS:TBGI SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 AMX B SAU:7010
Traded in Other Exchanges
GLO:Philippines
Address
32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634
Website
https://www.globe.com.ph
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.