Vitru (VTRU) Construction In Progress : $2.0 Mil (As of Dec. 2023)

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What is Vitru Construction In Progress?

Vitru's quarterly construction in progress declined from Jun. 2023 ($2.1 Mil) to Sep. 2023 ($1.9 Mil) but then increased from Sep. 2023 ($1.9 Mil) to Dec. 2023 ($2.0 Mil).

Vitru's annual construction in progress increased from Dec. 2021 ($0.2 Mil) to Dec. 2022 ($2.0 Mil) but then declined from Dec. 2022 ($2.0 Mil) to Dec. 2023 ($2.0 Mil).

Vitru Construction In Progress Historical Data

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

Vitru Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.35

0.01

0.21

2.03

2.01

Vitru Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															2.03	2.19	2.08	1.89	2.01

Vitru 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.

Vitru (VTRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vitru Ltd (NAS:VTRU) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

5500, Torre Jurere A, 2nd floor, Saco Grande, Rodovia Jose Carlos Daux, Florianopolis, SC, BRA, 88032-005

Website

https://www.vitru.com.br

Vitru Ltd is a digital education provider in Brazil. It provides post-secondary distance learning programs. The company provides a complete pedagogical ecosystem focused on hybrid digital education experience for undergraduates and continuing education. The programs are provided in multiple formats namely, videos, eBook, podcasts and html text, among others. The segments of the company are digital education undergraduate courses, on-campus undergraduate and continuing education courses.