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Movida Participacoes (BSP:MOVI3) Construction In Progress : R$80 Mil (As of Dec. 2023)


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What is Movida Participacoes Construction In Progress?

Movida Participacoes's quarterly construction in progress declined from Jun. 2023 (R$203 Mil) to Sep. 2023 (R$179 Mil) and declined from Sep. 2023 (R$179 Mil) to Dec. 2023 (R$80 Mil).

Movida Participacoes's annual construction in progress increased from Dec. 2021 (R$27 Mil) to Dec. 2022 (R$82 Mil) but then declined from Dec. 2022 (R$82 Mil) to Dec. 2023 (R$80 Mil).


Movida Participacoes Construction In Progress Historical Data

The historical data trend for Movida Participacoes'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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Movida Participacoes Construction In Progress Chart

Movida Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.10 14.06 26.63 81.58 80.07

Movida Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress 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 156.61 202.69 179.44 80.07 -

Movida Participacoes 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.


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

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