MRV Engenharia e Participacoes (BSP:MRVE3) Construction In Progress : R$17 Mil (As of Mar. 2024)

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What is MRV Engenharia e Participacoes Construction In Progress?

MRV Engenharia e Participacoes's quarterly construction in progress declined from Sep. 2023 (R$38 Mil) to Dec. 2023 (R$10 Mil) but then increased from Dec. 2023 (R$10 Mil) to Mar. 2024 (R$17 Mil).

MRV Engenharia e Participacoes's annual construction in progress declined from Dec. 2021 (R$19 Mil) to Dec. 2022 (R$18 Mil) and declined from Dec. 2022 (R$18 Mil) to Dec. 2023 (R$10 Mil).

MRV Engenharia e Participacoes Construction In Progress Historical Data

The historical data trend for MRV Engenharia e 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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MRV Engenharia e Participacoes Construction In Progress Chart

MRV Engenharia e Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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18.09

20.65

19.46

18.19

10.24

MRV Engenharia e 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															23.25	25.37	37.73	10.24	17.24

MRV Engenharia e 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.

MRV Engenharia e Participacoes (BSP:MRVE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MRV Engenharia e Participacoes SA (BSP:MRVE3) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Professor Mario Werneck Avenida, 621, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610

Website

https://www.mrv.com.br

MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Rental of residential properties and Urban land subdivisions. The rental of residential properties segment is split in United States (USA) and Brazil.

MRV Engenharia e Participacoes (BSP:MRVE3) Headlines

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