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Ferrari NV (Ferrari NV) Buildings And Improvements : $570 Mil (As of Dec. 2023)


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What is Ferrari NV Buildings And Improvements?

Ferrari NV's quarterly buildings and improvements stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($570 Mil).

Ferrari NV's annual buildings and improvements declined from Dec. 2021 ($550 Mil) to Dec. 2022 ($528 Mil) but then increased from Dec. 2022 ($528 Mil) to Dec. 2023 ($570 Mil).

Ferrari NV Buildings And Improvements Historical Data

The historical data trend for Ferrari NV's Buildings And Improvements 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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Ferrari NV Buildings And Improvements Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 454.06 523.67 549.92 527.60 570.50

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 527.60 - - - 570.50

Ferrari NV Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.

Ferrari NV (Ferrari NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (NYSE:RACE) » Definitions » Buildings And Improvements
Comparable Companies
MIL:PIA MIL:IMS MIL:PINF MIL:TNX MIL:BIRO TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 TSE:7267 F NSE:MARUTI GM LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS
Traded in Other Exchanges
RACEN:Mexico RACE:Italy RACEm:UK 0RDT:UK 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Germany RACE:Austria
Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Website
https://www.ferrari.com
Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.