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Sucro (TSXV:SUG) Construction In Progress : C$23.2 Mil (As of Mar. 2024)


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What is Sucro Construction In Progress?

Sucro's quarterly construction in progress increased from Sep. 2023 (C$0.0 Mil) to Dec. 2023 (C$11.7 Mil) and increased from Dec. 2023 (C$11.7 Mil) to Mar. 2024 (C$23.2 Mil).

Sucro's annual construction in progress declined from Dec. 2021 (C$22.4 Mil) to Dec. 2022 (C$0.3 Mil) but then increased from Dec. 2022 (C$0.3 Mil) to Dec. 2023 (C$11.7 Mil).


Sucro Construction In Progress Historical Data

The historical data trend for Sucro'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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Sucro Construction In Progress Chart

Sucro Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
22.36 0.31 11.72

Sucro Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial - - - 11.72 23.18

Sucro 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.


Sucro (TSXV:SUG) Business Description

Traded in Other Exchanges
N/A
Address
2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134
Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

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