Interface (TILE) Construction in Progress (2021 - 2023)

Interface (TILE) has reported Construction in Progress for 3 consecutive years, with $24.1 million the latest figure, recorded in Q1 2023.

• For the quarter ending Q1 2023, Construction in Progress fell 45.96% year-over-year to $24.1 million; the trailing twelve-month figure through Jan 2023 stood at $24.1 million (down 45.96% YoY), and the FY2023 full-year result was $24.1 million, down 45.96% from the prior year.
• Construction in Progress fell to $24.1 million in Q1 2023 per TILE's latest filing, from $44.6 million in the prior quarter.
• Across five years, Construction in Progress topped out at $44.6 million in Q1 2022 and bottomed at $24.1 million in Q1 2023.
• Historically, Construction in Progress has averaged $37.2 million across 3 years, with a median of $43.0 million in 2021.
• The sharpest annual moves came in 2022 and 2023: Construction in Progress rose 3.72% in 2022, then slumped 45.96% in 2023.
• Over 3 years, Construction in Progress stood at $43.0 million in 2021, then advanced by 3.72% to $44.6 million in 2022, then plunged by 45.96% to $24.1 million in 2023.
• According to Business Quant data, Construction in Progress over the past three periods registered $24.1 million, $44.6 million, and $43.0 million for Q1 2023, Q1 2022, and Q1 2021 respectively.