Reed'S, Inc. (REED) Construction in Progress (2015 - 2017)
Reed'S's (REED) quarterly Construction in Progress came in at $2.4 million in Q3 2017, down 32.23% on a YoY basis from $3.6 million in Q3 2016, and down 54.78% quarter-over-quarter from $5.4 million in Q2 2017.
Analysis
Reed'S, Inc. (REED) Construction in Progress (2015 - 2017) Analysis & Trends
Reed'S (REED) has reported Construction in Progress for 3 consecutive years, with $2.4 million the latest figure, recorded in Q3 2017.
- For the quarter ending Q3 2017, Construction in Progress fell 32.23% year-over-year to $2.4 million; the trailing twelve-month figure through Sep 2017 stood at $2.4 million (down 32.23% YoY), and the FY2016 full-year result was $4.6 million, up 371.85% from the prior year.
- Construction in Progress eased to $2.4 million in Q3 2017 per REED's latest filing, from $5.4 million in the prior quarter.
- Across five years, Construction in Progress topped out at $5.4 million in Q2 2017 and bottomed at $977000.0 in Q4 2015.
- Historically, Construction in Progress has averaged $3.3 million across 3 years, with a median of $3.3 million in 2016.
- The sharpest annual moves came in 2016 and 2017: Construction in Progress jumped 371.85% in 2016, then plunged 32.23% in 2017.
- Over 3 years, Construction in Progress stood at $977000.0 in 2015, then surged by 371.85% to $4.6 million in 2016, then tumbled by 47.31% to $2.4 million in 2017.
- According to Business Quant data, Construction in Progress over the past three periods registered $2.4 million, $5.4 million, and $4.9 million for Q3 2017, Q2 2017, and Q1 2017 respectively.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2017 | 2.43 Mn |
| Jun 30, 2017 | 5.37 Mn |
| Mar 31, 2017 | 4.89 Mn |
| Dec 31, 2016 | 4.61 Mn |
| Sep 30, 2016 | 3.58 Mn |
| Jun 30, 2016 | 3.07 Mn |
| Mar 31, 2016 | 1.52 Mn |
| Dec 31, 2015 | 977,000.00 |