CTT-Correios de Portugal (CTT-Correios de Portugal) Buildings And Improvements : $631 Mil (As of Mar. 2024)

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What is CTT-Correios de Portugal Buildings And Improvements?

CTT-Correios de Portugal's quarterly buildings and improvements increased from Sep. 2023 ($610 Mil) to Dec. 2023 ($629 Mil) and increased from Dec. 2023 ($629 Mil) to Mar. 2024 ($631 Mil).

CTT-Correios de Portugal's annual buildings and improvements declined from Dec. 2021 ($635 Mil) to Dec. 2022 ($590 Mil) but then increased from Dec. 2022 ($590 Mil) to Dec. 2023 ($629 Mil).

CTT-Correios de Portugal Buildings And Improvements Historical Data

The historical data trend for CTT-Correios de Portugal'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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CTT-Correios de Portugal Buildings And Improvements Chart

CTT-Correios de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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551.56

653.45

634.61

590.40

629.13

CTT-Correios de Portugal Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															596.87	612.62	609.67	629.13	630.64

CTT-Correios de Portugal 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.

CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (OTCPK:CTTOF) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

CTT:Portugal 0QIM:UK C7T:Germany

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.