Fred's (STU:FR1A) Construction In Progress : €3 Mil (As of Apr. 2019)

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What is Fred's Construction In Progress?

Fred's's quarterly construction in progress increased from Oct. 2018 (€2 Mil) to Jan. 2019 (€2 Mil) and increased from Jan. 2019 (€2 Mil) to Apr. 2019 (€3 Mil).

Fred's's annual construction in progress declined from Jan. 2017 (€1 Mil) to Jan. 2018 (€0 Mil) but then increased from Jan. 2018 (€0 Mil) to Jan. 2019 (€2 Mil).

Fred's Construction In Progress Historical Data

The historical data trend for Fred's'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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Fred's Construction In Progress Chart

Fred's Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Construction In Progress

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3.47

2.55

1.31

0.48

2.44

Fred's Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Apr20
Construction In Progress	Get a 7-Day Free Trial															1.59	2.13	2.44	3.11	-

Fred's 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.

Fred's (STU:FR1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fred's Inc (STU:FR1A) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 New Getwell Road, Memphis, TN, USA, 38118

Website

http://www.fredsinc.com

Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

Fred's (STU:FR1A) Headlines

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