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Corporacion Aceros Arequipa (LIM:CORAREC1) Construction In Progress : S/.520 Mil (As of Mar. 2024)


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What is Corporacion Aceros Arequipa Construction In Progress?

Corporacion Aceros Arequipa's quarterly construction in progress declined from Sep. 2023 (S/.486 Mil) to Dec. 2023 (S/.427 Mil) but then increased from Dec. 2023 (S/.427 Mil) to Mar. 2024 (S/.520 Mil).

Corporacion Aceros Arequipa's annual construction in progress increased from Dec. 2021 (S/.82 Mil) to Dec. 2022 (S/.269 Mil) and increased from Dec. 2022 (S/.269 Mil) to Dec. 2023 (S/.427 Mil).

Corporacion Aceros Arequipa Construction In Progress Historical Data

The historical data trend for Corporacion Aceros Arequipa'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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Corporacion Aceros Arequipa Construction In Progress Chart

Corporacion Aceros Arequipa 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 522.90 807.86 82.25 269.45 427.43

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 269.45 - 486.17 427.43 519.93

Corporacion Aceros Arequipa 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.

Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corporacion Aceros Arequipa SA (LIM:CORAREC1) » Definitions » Construction In Progress
Comparable Companies
LIM:BUENAVC1 LIM:ALICORC1 LIM:EGEPIBC1 LIM:CPACASC1 LIM:ENGIEC1 LIM:IFS LIM:FIBPRIME NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF TPE:2002 BUE:TXAR SZSE:000708
Traded in Other Exchanges
CORAREI1:Peru
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Website
https://www.acerosarequipa.com
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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