Korea Gas (XKRX:036460) Construction In Progress : ₩2,800,498 Mil (As of Sep. 2024)

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What is Korea Gas Construction In Progress?

Korea Gas's quarterly construction in progress increased from Mar. 2024 (₩2,449,621 Mil) to Jun. 2024 (₩2,762,343 Mil) and increased from Jun. 2024 (₩2,762,343 Mil) to Sep. 2024 (₩2,800,498 Mil).

Korea Gas's annual construction in progress increased from Dec. 2021 (₩1,616,283 Mil) to Dec. 2022 (₩1,963,170 Mil) and increased from Dec. 2022 (₩1,963,170 Mil) to Dec. 2023 (₩2,364,563 Mil).

Korea Gas Construction In Progress Historical Data

The historical data trend for Korea Gas'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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Korea Gas Construction In Progress Chart

Korea Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,307,719.93

991,164.00

1,616,283.00

1,963,170.00

2,364,563.00

Korea Gas Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															2,165,216.00	2,364,563.00	2,449,621.00	2,762,343.00	2,800,498.00

Korea Gas 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.

Korea Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Korea Gas Corp (XKRX:036460) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

215 Jeongja-dong, Bundang-gu, Seongnam, KOR, 463-754

Website

http://www.kogas.or.kr

Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.

Korea Gas Headlines

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