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Horizon Foods Co (SAU:9564) Construction In Progress : ﷼60.51 Mil (As of Dec. 2023)


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What is Horizon Foods Co Construction In Progress?

Horizon Foods Co's quarterly construction in progress declined from Dec. 2022 (﷼49.85 Mil) to Jun. 2023 (﷼0.00 Mil) but then increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼60.51 Mil).

Horizon Foods Co's annual construction in progress increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼49.85 Mil) and increased from Dec. 2022 (﷼49.85 Mil) to Dec. 2023 (﷼60.51 Mil).

Horizon Foods Co Construction In Progress Historical Data

The historical data trend for Horizon Foods Co'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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Horizon Foods Co Construction In Progress Chart

Horizon Foods Co Annual Data
Trend Dec22 Dec23
Construction In Progress
49.85 60.51

Horizon Foods Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Construction In Progress - 49.85 - 60.51

Horizon Foods Co 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.

Horizon Foods Co (SAU:9564) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Horizon Foods Co (SAU:9564) » Definitions » Construction In Progress
Comparable Companies
SAU:9515 SAU:9549 SAU:2100 SAU:9536 SAU:6001 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF MEX:BIMBOA HRL K MKC SGX:F34
Traded in Other Exchanges
N/A
Address
Third Industrial Area Zone G, Dammam, SAU
Website
https://www.horizonfood.sa
Horizon Foods Co engages in the production, manufacturing, processing, cutting, packaging, and shaping of meat and poultry, and its main activity is in the manufacture of shawarma molds. Its product offerings comprise meat shawarma, Doner Kabab, and Chicken Shawarma.

Horizon Foods Co (SAU:9564) Headlines

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