Philippine Racing Club (PHS:PRC) Construction In Progress : ₱145.2 Mil (As of Mar. 2024)

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What is Philippine Racing Club Construction In Progress?

Philippine Racing Club's quarterly construction in progress increased from Sep. 2023 (₱131.1 Mil) to Dec. 2023 (₱138.6 Mil) and increased from Dec. 2023 (₱138.6 Mil) to Mar. 2024 (₱145.2 Mil).

Philippine Racing Club's annual construction in progress declined from Dec. 2021 (₱118.1 Mil) to Dec. 2022 (₱111.2 Mil) but then increased from Dec. 2022 (₱111.2 Mil) to Dec. 2023 (₱138.6 Mil).

Philippine Racing Club Construction In Progress Historical Data

The historical data trend for Philippine Racing Club'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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Philippine Racing Club Construction In Progress Chart

Philippine Racing Club Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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88.86

118.11

111.24

138.63

Philippine Racing Club 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															117.35	116.83	131.09	138.63	145.24

Philippine Racing Club 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.

Philippine Racing Club (PHS:PRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Racing Club Inc (PHS:PRC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 1207

Website

http://www.prci.com.ph

Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational and memorial parks and owning, operating, managing and/or selling real estate. The company's reportable segment involves Real Estate Operations, Club Racing Operations, and Leasing and Sale of Food, beverages, and Services. It derives key revenue from the real estate sales activity.

Philippine Racing Club (PHS:PRC) Headlines

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