MetroGas (BUE:METR) Construction In Progress : ARS20,929 Mil (As of Mar. 2024)

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What is MetroGas Construction In Progress?

MetroGas's quarterly construction in progress increased from Sep. 2023 (ARS9,990 Mil) to Dec. 2023 (ARS13,460 Mil) and increased from Dec. 2023 (ARS13,460 Mil) to Mar. 2024 (ARS20,929 Mil).

MetroGas's annual construction in progress declined from Dec. 2021 (ARS5,882 Mil) to Dec. 2022 (ARS5,427 Mil) but then increased from Dec. 2022 (ARS5,427 Mil) to Dec. 2023 (ARS13,460 Mil).

MetroGas Construction In Progress Historical Data

The historical data trend for MetroGas'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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MetroGas Construction In Progress Chart

MetroGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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11,891.53

5,881.94

5,427.00

13,460.00

MetroGas 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															4,445.00	6,831.00	9,990.00	13,460.00	20,929.00

MetroGas 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.

MetroGas (BUE:METR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » MetroGas SA (BUE:METR) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

General Gregorio Araoz de Lamadrid 1360, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1267AAB

Website

http://www.metrogas.com.ar

MetroGas SA is engaged in the utility sector. It is a gas distribution company engaged in the provision of natural gas distribution public services. The company is engaged in the commercialization and transportation of natural gas on behalf of or in association with third parties in Argentina. Its reporting segments include MetroGAS Distribution and MetroENERGIA Trading. The company generates maximum revenue from MetroGAS Distribution segment. It serves residential, commercial, and industrial customers.

MetroGas (BUE:METR) Headlines

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