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Petron (PHS:PRF3A.PFD) Construction In Progress : ₱6,178.00 Mil (As of Mar. 2024)


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What is Petron Construction In Progress?

Petron's quarterly construction in progress increased from Sep. 2023 (₱4,950.00 Mil) to Dec. 2023 (₱5,057.00 Mil) and increased from Dec. 2023 (₱5,057.00 Mil) to Mar. 2024 (₱6,178.00 Mil).

Petron's annual construction in progress declined from Dec. 2021 (₱15,901.00 Mil) to Dec. 2022 (₱13,630.00 Mil) and declined from Dec. 2022 (₱13,630.00 Mil) to Dec. 2023 (₱5,057.00 Mil).


Petron Construction In Progress Historical Data

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

Petron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,872.00 20,182.00 15,901.00 13,630.00 5,057.00

Petron 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,029.00 15,009.00 4,950.00 5,057.00 6,178.00

Petron 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.


Petron (PHS:PRF3A.PFD) Business Description

Industry
Traded in Other Exchanges
Address
40 San Miguel Avenue, SMC Head Office Complex, Mandaluyong City, PHL, 1550
Petron Corporation is an oil refining and marketing company based out of the Philippines. The company operates a crude-oil refinery and petrochemicals complex that processes a range of petroleum products, including gasoline, diesel, liquefied petroleum gas, kerosene, jet fuel, and petrochemical feedstocks. Petroleum products are offered to a number of industrial customers in the Philippines, along with international and domestic airline carriers. Petron also delivers its automotive fuels to customers through a network of retail service stations.

Petron (PHS:PRF3A.PFD) Headlines

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