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HEXO (TSX:HEXO) Construction In Progress : C$97.7 Mil (As of Apr. 2023)


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What is HEXO Construction In Progress?

HEXO's quarterly construction in progress increased from Oct. 2022 (C$106.5 Mil) to Jan. 2023 (C$107.8 Mil) but then declined from Jan. 2023 (C$107.8 Mil) to Apr. 2023 (C$97.7 Mil).

HEXO's annual construction in progress declined from Jul. 2020 (C$98.1 Mil) to Jul. 2021 (C$91.9 Mil) but then increased from Jul. 2021 (C$91.9 Mil) to Jul. 2022 (C$106.1 Mil).

HEXO Construction In Progress Historical Data

The historical data trend for HEXO'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.

* Premium members only.

HEXO Construction In Progress Chart

HEXO Annual Data
Trend Sep14 Sep15 Sep16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 15.43 57.55 98.14 91.95 106.12

HEXO Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 95.91 106.12 106.52 107.78 97.66

HEXO 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.

HEXO (TSX:HEXO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » HEXO Corp (TSX:HEXO) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
120 de la Rive Road, Gatineau, QC, CAN, J8M 1V2
Website
https://www.hexocorp.com
HEXO Corp is engaged in producing and selling cannabis and cannabis products. The company is focused on smoke-free and traditional cannabis products. The firm's products include dried flowers, oils, and vapes. It generates its revenue from various sources such as Beverage Based Adult-Use Sales, Medical, Wholesale and International sales.