Metalurgica Gerdau (BSP:GOAU3) Construction In Progress : R$0 Mil (As of Mar. 2024)

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What is Metalurgica Gerdau Construction In Progress?

Metalurgica Gerdau's quarterly construction in progress increased from Jun. 2023 (R$0 Mil) to Dec. 2023 (R$5,517 Mil) but then declined from Dec. 2023 (R$5,517 Mil) to Mar. 2024 (R$0 Mil).

Metalurgica Gerdau's annual construction in progress increased from Dec. 2021 (R$3,621 Mil) to Dec. 2022 (R$3,715 Mil) and increased from Dec. 2022 (R$3,715 Mil) to Dec. 2023 (R$5,517 Mil).

Metalurgica Gerdau Construction In Progress Historical Data

The historical data trend for Metalurgica Gerdau'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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Metalurgica Gerdau Construction In Progress Chart

Metalurgica Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,515.73

2,254.21

3,620.93

3,714.68

5,516.55

Metalurgica Gerdau Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															3,714.68	-	-	5,516.55	-

Metalurgica Gerdau 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.

Metalurgica Gerdau (BSP:GOAU3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Metalurgica Gerdau SA (BSP:GOAU3) » Definitions » Construction In Progress

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GOAU4:Brazil

Address

Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005

Website

https://www2.gerdau.com.br

Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

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