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Wynn Resorts (HAM:WYR) Construction In Progress : €174 Mil (As of Mar. 2024)


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What is Wynn Resorts Construction In Progress?

Wynn Resorts's quarterly construction in progress declined from Sep. 2023 (€217 Mil) to Dec. 2023 (€149 Mil) but then increased from Dec. 2023 (€149 Mil) to Mar. 2024 (€174 Mil).

Wynn Resorts's annual construction in progress declined from Dec. 2021 (€222 Mil) to Dec. 2022 (€106 Mil) but then increased from Dec. 2022 (€106 Mil) to Dec. 2023 (€149 Mil).

Wynn Resorts Construction In Progress Historical Data

The historical data trend for Wynn Resorts'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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Wynn Resorts Construction In Progress Chart

Wynn Resorts 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 429.60 112.11 221.59 105.76 149.10

Wynn Resorts 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 132.56 168.13 216.57 149.10 173.74

Wynn Resorts 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.

Wynn Resorts (HAM:WYR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Resorts Ltd (HAM:WYR) » Definitions » Construction In Progress
Comparable Companies
MGM CZR MTN BYD HGV VAC RRR MLCO PENN MSC LVS HKSE:01928 HKSE:00027 SGX:G13 HKSE:02282 HKSE:01128 XKLS:3182 XKLS:4715 XPAR:BAIN HKSE:00880
Traded in Other Exchanges
WYNN:USA WYNN:Mexico
Address
3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Website
https://www.wynnresorts.com
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to open a new building next to its existing Wynn Palace resort in around 2028. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.

Wynn Resorts (HAM:WYR) Headlines

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