Mainfreight (NZSE:MFT) Construction In Progress : NZ$0 Mil (As of Mar. 2024)

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What is Mainfreight Construction In Progress?

Mainfreight's quarterly construction in progress declined from Mar. 2023 (NZ$87 Mil) to Sep. 2023 (NZ$0 Mil) but then stayed the same from Sep. 2023 (NZ$0 Mil) to Mar. 2024 (NZ$0 Mil).

Mainfreight's annual construction in progress declined from Mar. 2022 (NZ$99 Mil) to Mar. 2023 (NZ$87 Mil) and declined from Mar. 2023 (NZ$87 Mil) to Mar. 2024 (NZ$0 Mil).

Mainfreight Construction In Progress Historical Data

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

Mainfreight Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Construction In Progress

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74.80

15.63

99.12

86.93

Mainfreight Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Construction In Progress	Get a 7-Day Free Trial															99.12	-	86.93	-	-

Mainfreight 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.

Mainfreight (NZSE:MFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mainfreight Ltd (NZSE:MFT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MFGHF:USA

Address

2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062

Website

https://www.mainfreight.com

Mainfreight Ltd is in the business of supply chain logistics. It provides the full spectrum of warehousing, domestic distribution, and international air and ocean freight services. Geographically, it operates businesses in more than 300 branches throughout New Zealand, Australia, Europe, Asia, and the United States.