Meikles (LSE:MIK) Construction In Progress : $0 Mil (As of Aug. 2023)

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What is Meikles Construction In Progress?

Meikles's quarterly construction in progress declined from Mar. 2022 ($7 Mil) to Sep. 2022 ($0 Mil) but then stayed the same from Sep. 2022 ($0 Mil) to Aug. 2023 ($0 Mil).

Meikles's annual construction in progress declined from Mar. 2019 ($0 Mil) to Mar. 2020 ($0 Mil) but then increased from Mar. 2020 ($0 Mil) to Mar. 2021 ($1 Mil).

Meikles Construction In Progress Historical Data

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

Meikles Annual Data

Trend

Dec08

Dec09

Mar11

Mar12

Mar19

Mar20

Mar21

Construction In Progress

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2.23

0.42

0.79

Meikles Semi-Annual Data
	Dec09	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Aug23
Construction In Progress	Get a 7-Day Free Trial									0.79	-	7.24	-	-

Meikles 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.

Meikles (LSE:MIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meikles Ltd (LSE:MIK) » Definitions » Construction In Progress

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MEIK.ZW:Zimbabwe

Address

4 Steppes Road, Highlands, Harare, ZWE

Website

https://www.meiklesltd.com

Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.