Tilray Brands (TSX:TLRY) Construction In Progress : C$15 Mil (As of Feb. 2024)

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What is Tilray Brands Construction In Progress?

Tilray Brands's quarterly construction in progress increased from Aug. 2023 (C$13 Mil) to Nov. 2023 (C$18 Mil) but then declined from Nov. 2023 (C$18 Mil) to Feb. 2024 (C$15 Mil).

Tilray Brands's annual construction in progress declined from May. 2021 (C$103 Mil) to May. 2022 (C$10 Mil) but then increased from May. 2022 (C$10 Mil) to May. 2023 (C$11 Mil).

Tilray Brands Construction In Progress Historical Data

The historical data trend for Tilray Brands'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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Tilray Brands Construction In Progress Chart

Tilray Brands Annual Data

Trend

Aug14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Construction In Progress

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173.28

106.88

103.45

9.65

10.88

Tilray Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Construction In Progress	Get a 7-Day Free Trial															11.99	10.88	13.11	17.54	14.72

Tilray Brands 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.

Tilray Brands (TSX:TLRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tilray Brands Inc (TSX:TLRY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

TLRY:USA 2HQ:Germany TLRY:Austria

Address

265 Talbot Street West, Leamington, ON, CAN, N8H 5L4

Website

https://www.tilray.com

Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.