StoneCo (StoneCo) Construction In Progress : $7 Mil (As of Mar. 2024)

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What is StoneCo Construction In Progress?

StoneCo's quarterly construction in progress increased from Sep. 2023 ($6 Mil) to Dec. 2023 ($6 Mil) and increased from Dec. 2023 ($6 Mil) to Mar. 2024 ($7 Mil).

StoneCo's annual construction in progress increased from Dec. 2021 ($2 Mil) to Dec. 2022 ($10 Mil) but then declined from Dec. 2022 ($10 Mil) to Dec. 2023 ($6 Mil).

StoneCo Construction In Progress Historical Data

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

StoneCo Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.25

0.02

2.49

9.59

6.32

StoneCo 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															18.37	7.99	6.29	6.32	6.56

StoneCo 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.

StoneCo (StoneCo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » StoneCo Ltd (NAS:STNE) » Definitions » Construction In Progress

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Traded in Other Exchanges

STNE:Mexico 0A4H:UK 0Q0:Germany 0Q0:Germany STOC31:Brazil

Address

103 South Church Street, 4th Floor, Harbour Place, P.O. Box 10240, Grand Cayman, CYM, KY1-1002

Website

https://www.stone.co

StoneCo Ltd is a provider of financial technology solutions. The company offers solutions that empower merchants to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil. Its Stone Business Model combines advanced, end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service.