PLDT (PHI) Construction In Progress : $1,179 Mil (As of Dec. 2023)

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What is PLDT Construction In Progress?

PLDT's quarterly construction in progress declined from Jun. 2023 ($1,102 Mil) to Sep. 2023 ($970 Mil) but then increased from Sep. 2023 ($970 Mil) to Dec. 2023 ($1,179 Mil).

PLDT's annual construction in progress declined from Dec. 2021 ($982 Mil) to Dec. 2022 ($964 Mil) but then increased from Dec. 2022 ($964 Mil) to Dec. 2023 ($1,179 Mil).

PLDT Construction In Progress Historical Data

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

PLDT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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802.63

870.31

982.45

963.62

1,179.42

PLDT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															963.62	1,082.46	1,101.80	969.69	1,179.42

PLDT 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.

PLDT (PHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PLDT Inc (NYSE:PHI) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

PHTCF:USA TEL:Philippines PLO:Germany

Address

Makati Avenue, Ramon Cojuangco Building, Metro Manila, Corner Ayala Avenue, Legaspi Village, Makati City, PHL, 1200

Website

https://www.pldt.com

PLDT Inc is the telecommunications carrier in the Philippines. The company operates the nation's extensive fixed-line network and holds more than half of the market share in the domestic wireless space. First Pacific, a Hong Kong-based investment and management company specializing in consumer and telecommunication businesses, owns about 26% of PLDT, while two subsidiaries of Nippon Telegraph and Telephone jointly own about 21%.