GMA Network (PHS:GMA7) Construction In Progress : ₱440 Mil (As of Mar. 2024)

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What is GMA Network Construction In Progress?

GMA Network's quarterly construction in progress increased from Sep. 2023 (₱0 Mil) to Dec. 2023 (₱382 Mil) and increased from Dec. 2023 (₱382 Mil) to Mar. 2024 (₱440 Mil).

GMA Network's annual construction in progress declined from Dec. 2021 (₱483 Mil) to Dec. 2022 (₱479 Mil) and declined from Dec. 2022 (₱479 Mil) to Dec. 2023 (₱382 Mil).

GMA Network Construction In Progress Historical Data

The historical data trend for GMA Network'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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GMA Network Construction In Progress Chart

GMA Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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749.35

484.72

482.64

478.61

382.17

GMA Network 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															606.77	-	-	382.17	440.39

GMA Network 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.

GMA Network (PHS:GMA7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMA Network Inc (PHS:GMA7) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103

Website

https://www.gmanetwork.com

GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

GMA Network (PHS:GMA7) Headlines

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