Marfrig Global Foods (FRA:MGP1) Construction In Progress : €419 Mil (As of Mar. 2024)

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What is Marfrig Global Foods Construction In Progress?

Marfrig Global Foods's quarterly construction in progress declined from Sep. 2023 (€447 Mil) to Dec. 2023 (€395 Mil) but then increased from Dec. 2023 (€395 Mil) to Mar. 2024 (€419 Mil).

Marfrig Global Foods's annual construction in progress increased from Dec. 2021 (€190 Mil) to Dec. 2022 (€528 Mil) but then declined from Dec. 2022 (€528 Mil) to Dec. 2023 (€395 Mil).

Marfrig Global Foods Construction In Progress Historical Data

The historical data trend for Marfrig Global Foods'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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Marfrig Global Foods Construction In Progress Chart

Marfrig Global Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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90.36

131.27

190.48

527.80

395.22

Marfrig Global Foods 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															460.06	463.33	447.25	395.22	418.64

Marfrig Global Foods 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.

Marfrig Global Foods (FRA:MGP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (FRA:MGP1) » Definitions » Construction In Progress

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Traded in Other Exchanges

MRRTY:USA MRFG3:Brazil

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (FRA:MGP1) Headlines

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