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Sigma Healthcare (Sigma Healthcare) Construction In Progress : $2 Mil (As of Jan. 2024)


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What is Sigma Healthcare Construction In Progress?

Sigma Healthcare's quarterly construction in progress declined from Jan. 2023 ($0 Mil) to Jul. 2023 ($0 Mil) but then increased from Jul. 2023 ($0 Mil) to Jan. 2024 ($2 Mil).

Sigma Healthcare's annual construction in progress increased from Jan. 2022 ($0 Mil) to Jan. 2023 ($0 Mil) and increased from Jan. 2023 ($0 Mil) to Jan. 2024 ($2 Mil).


Sigma Healthcare Construction In Progress Historical Data

The historical data trend for Sigma Healthcare'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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Sigma Healthcare Construction In Progress Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 1.55

Sigma Healthcare Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - 0.09 - 1.55

Sigma Healthcare 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.


Sigma Healthcare (Sigma Healthcare) Business Description

Traded in Other Exchanges
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.