Kitex Garments (NSE:KITEX) Construction In Progress : ₹8,860 Mil (As of Mar. 2024)

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What is Kitex Garments Construction In Progress?

Kitex Garments's quarterly construction in progress declined from Sep. 2023 (₹4,940 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹8,860 Mil).

Kitex Garments's annual construction in progress increased from Mar. 2022 (₹190 Mil) to Mar. 2023 (₹3,939 Mil) and increased from Mar. 2023 (₹3,939 Mil) to Mar. 2024 (₹8,860 Mil).

Kitex Garments Construction In Progress Historical Data

The historical data trend for Kitex Garments'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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Kitex Garments Construction In Progress Chart

Kitex Garments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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349.90

278.20

190.42

3,938.57

8,859.71

Kitex Garments 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															3,938.57	-	4,940.01	-	8,859.71

Kitex Garments 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.

Kitex Garments (NSE:KITEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kitex Garments Ltd (NSE:KITEX) » Definitions » Construction In Progress

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521248:India

Address

P.B. No. 5, Kizhakkambalam, Building No. 9/536 A, Aluva, Ernakulam, Kochi, KL, IND, 683562

Website

https://www.kitexgarments.com

Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.

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