RB Global (TSX:RBA) Construction In Progress : C$76 Mil (As of Dec. 2023)

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What is RB Global Construction In Progress?

RB Global's quarterly construction in progress stayed the same from Jun. 2023 (C$0 Mil) to Sep. 2023 (C$0 Mil) but then increased from Sep. 2023 (C$0 Mil) to Dec. 2023 (C$76 Mil).

RB Global's annual construction in progress declined from Dec. 2021 (C$12 Mil) to Dec. 2022 (C$10 Mil) but then increased from Dec. 2022 (C$10 Mil) to Dec. 2023 (C$76 Mil).

RB Global Construction In Progress Historical Data

The historical data trend for RB Global'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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RB Global Construction In Progress Chart

RB Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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14.24

14.70

11.55

9.92

76.20

RB Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															9.92	-	-	-	76.20

RB Global 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.

RB Global (TSX:RBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RB Global Inc (TSX:RBA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RBA:USA J1F:Germany

Address

Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154

Website

https://www.rbglobal.com

RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.