Rivian Automotive (Rivian Automotive) Construction In Progress : $698 Mil (As of Dec. 2023)

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What is Rivian Automotive Construction In Progress?

Rivian Automotive's quarterly construction in progress declined from Jun. 2023 ($817 Mil) to Sep. 2023 ($788 Mil) and declined from Sep. 2023 ($788 Mil) to Dec. 2023 ($698 Mil).

Rivian Automotive's annual construction in progress increased from Dec. 2021 ($760 Mil) to Dec. 2022 ($843 Mil) but then declined from Dec. 2022 ($843 Mil) to Dec. 2023 ($698 Mil).

Rivian Automotive Construction In Progress Historical Data

The historical data trend for Rivian Automotive'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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Rivian Automotive Construction In Progress Chart

Rivian Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

271.00

1,205.00

760.00

843.00

698.00

Rivian Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial											843.00	928.00	817.00	788.00	698.00

Rivian Automotive 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.

Rivian Automotive (Rivian Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rivian Automotive Inc (NAS:RIVN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RIVN:Mexico 99U:Germany

Address

14600 Myford Road, Irvine, CA, USA, 92606

Website

https://www.rivian.com

Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).

Executives

Claire Mcdonough	officer: Chief Financial Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Kjell Gruner	officer: Chief Commercial Officer	C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
John Krafcik	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Jeff Baker	officer: Chief Accounting Officer	1221 BROADWAY, OAKLAND CA 94612
Harald Kroeger	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92606
Jay T Flatley	director	9885 TOWNE CENTRE DR, SAN DIEGO CA 92121
Jiten Behl	officer: Chief Growth Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Robert J Scaringe	director, officer: Chief Executive Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Ford Motor Co	10 percent owner	ONE AMERICAN RD, DEARBORN MI 48126
Pamela Thomas-graham	director	C/O IDENIX PHARMACEUTICALS, INC., 60 HAMPSHIRE STREET, CAMBRIDGE MA 02139
Karen Boone	director	15 KOCH ROAD, SUITE J, CORTE MADERA CA 94925
Rose M Marcario	director	21101 OXNARD STREET, WOODLAND HILLS CA 91367
Peter Krawiec	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Sanford Harold Schwartz	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Amazon Com Inc	director, 10 percent owner	410 TERRY AVENUE NORTH, SEATTLE WA 98109