Max's Group (PHS:MAXS) Construction In Progress : ₱125 Mil (As of Dec. 2023)

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What is Max's Group Construction In Progress?

Max's Group's quarterly construction in progress increased from Jun. 2023 (₱71 Mil) to Sep. 2023 (₱141 Mil) but then declined from Sep. 2023 (₱141 Mil) to Dec. 2023 (₱125 Mil).

Max's Group's annual construction in progress increased from Dec. 2021 (₱41 Mil) to Dec. 2022 (₱59 Mil) and increased from Dec. 2022 (₱59 Mil) to Dec. 2023 (₱125 Mil).

Max's Group Construction In Progress Historical Data

The historical data trend for Max's Group'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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Max's Group Construction In Progress Chart

Max's Group Annual Data

Trend

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Dec23

Construction In Progress

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842.60

1,292.80

40.54

59.07

125.02

Max's Group 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															59.07	52.91	70.99	140.89	125.02

Max's Group 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.

Max's Group (PHS:MAXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Max's Group Inc (PHS:MAXS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

2212 Chino Roces Avenue, 3rd Floor, KDC Plaza, Metro Manila, Makati, PHL, 1230

Website

https://www.maxsgroupinc.com

Max's Group Inc is a Philippines based company engages in the business of catering foods and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, and cocktail lounges. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company's total revenue is generated by restaurant sales in company-operated restaurants. The remaining revenue comes from franchise fees and commissary sales of goods to franchisees.

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