Fan Milk (XGHA:FML) Construction In Progress : GHS3.7 Mil (As of Dec. 2022)

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What is Fan Milk Construction In Progress?

Fan Milk's quarterly construction in progress stayed the same from Jun. 2022 (GHS0.0 Mil) to Sep. 2022 (GHS0.0 Mil) but then increased from Sep. 2022 (GHS0.0 Mil) to Dec. 2022 (GHS3.7 Mil).

Fan Milk's annual construction in progress declined from Dec. 2019 (GHS12.9 Mil) to Dec. 2021 (GHS6.6 Mil) and declined from Dec. 2021 (GHS6.6 Mil) to Dec. 2022 (GHS3.7 Mil).

Fan Milk Construction In Progress Historical Data

The historical data trend for Fan Milk'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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Fan Milk Construction In Progress Chart

Fan Milk Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Construction In Progress

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45.26

10.31

12.86

6.64

3.72

Fan Milk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Sep18	Dec18	Sep19	Dec19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Construction In Progress	Get a 7-Day Free Trial															6.64	-	-	-	3.72

Fan Milk 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.

Fan Milk (XGHA:FML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fan Milk PLC (XGHA:FML) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website

https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

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