The Hershey Co (FRA:HSY) Construction In Progress : €528 Mil (As of Mar. 2024)

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What is The Hershey Co Construction In Progress?

The Hershey Co's quarterly construction in progress increased from Sep. 2023 (€580 Mil) to Dec. 2023 (€591 Mil) but then declined from Dec. 2023 (€591 Mil) to Mar. 2024 (€528 Mil).

The Hershey Co's annual construction in progress increased from Dec. 2021 (€261 Mil) to Dec. 2022 (€393 Mil) and increased from Dec. 2022 (€393 Mil) to Dec. 2023 (€591 Mil).

The Hershey Co Construction In Progress Historical Data

The historical data trend for The Hershey Co'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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The Hershey Co Construction In Progress Chart

The Hershey Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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188.81

227.30

260.92

392.91

590.77

The Hershey Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															478.63	496.82	579.66	590.77	527.76

The Hershey Co 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.

The Hershey Co (FRA:HSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Hershey Co (FRA:HSY) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

HSY:USA HSY:Mexico HSY:Germany HSHY34:Brazil HSY:Austria

Address

19 East Chocolate Avenue, Hershey, PA, USA, 17033

Website

https://www.thehersheycompany.com

Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.