Scheid Vineyards (Scheid Vineyards) Construction In Progress : $6.45 Mil (As of Aug. 2023)

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What is Scheid Vineyards Construction In Progress?

Scheid Vineyards's quarterly construction in progress declined from Aug. 2020 ($1.08 Mil) to Aug. 2022 ($0.00 Mil) but then increased from Aug. 2022 ($0.00 Mil) to Aug. 2023 ($6.45 Mil).

Scheid Vineyards's annual construction in progress increased from Feb. 2018 ($0.29 Mil) to Feb. 2019 ($1.37 Mil) but then declined from Feb. 2019 ($1.37 Mil) to Feb. 2020 ($1.05 Mil).

Scheid Vineyards Construction In Progress Historical Data

The historical data trend for Scheid Vineyards'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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Scheid Vineyards Construction In Progress Chart

Scheid Vineyards Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Construction In Progress

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6.94

2.95

0.29

1.37

1.05

Scheid Vineyards Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Feb15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Aug22	Aug23
Construction In Progress	Get a 7-Day Free Trial															0.95	1.05	1.08	-	6.45

Scheid Vineyards 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.

Scheid Vineyards (Scheid Vineyards) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Scheid Vineyards Inc (OTCPK:SVIN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

305 Hilltown Road, Salinas, CA, USA, 93908

Website

https://www.scheidvineyards.com

Scheid Vineyards Inc is engaged in the manufacturing of premium varietal wine grapes and wine in the United States. The principal business of the company is the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. It currently operates premium wine grape vineyards in Monterey County, California.

Executives

Keith Krum	director	305 HILLTOWN ROAD, SALINAS CA 93908
Advisory Research Inc	10 percent owner	180 N. STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Advisory Research Microcap Value Fund, L.p.	10 percent owner	180 NORTH STETSON AVENUE, SUITE 5500, CHICAGO IL 60601
Scott D Scheid	director, officer: President, CEO	C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Heidi M Scheid	director, officer: Senior Vice President	C/O SCHEID VINEYARDS INC, 305 HILLTOWN RD, SALINAS CA 93908
Kurt J Golnick	officer: Chief Operating Officer	C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908
Alfred G Scheid	director, 10 percent owner	C/O SCHEID VINEYARDS, 305 HILLTOWN RD, SALINAS CA 93908