Brisanet Participacoes (BSP:BRIT3) Construction In Progress : R$562 Mil (As of Dec. 2023)

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What is Brisanet Participacoes Construction In Progress?

Brisanet Participacoes's quarterly construction in progress declined from Jun. 2023 (R$593 Mil) to Sep. 2023 (R$577 Mil) and declined from Sep. 2023 (R$577 Mil) to Dec. 2023 (R$562 Mil).

Brisanet Participacoes's annual construction in progress increased from Dec. 2021 (R$311 Mil) to Dec. 2022 (R$613 Mil) but then declined from Dec. 2022 (R$613 Mil) to Dec. 2023 (R$562 Mil).

Brisanet Participacoes Construction In Progress Historical Data

The historical data trend for Brisanet 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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Brisanet Participacoes Construction In Progress Chart

Brisanet Participacoes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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69.13

148.75

310.63

613.41

562.39

Brisanet Participacoes Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial												613.41	656.07	592.60	577.35	562.39

Brisanet 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.

Brisanet Participacoes (BSP:BRIT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Brisanet Participacoes SA (BSP:BRIT3) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Highway CE 138 KM 14, s/n, Pereiro, CE, BRA, 63460-000

Website

https://www.brisanet.com.br

Brisanet Participacoes SA offers broadband, fixed telephony, cable TV, and mobile telephony services in Brazil. It includes the provision of telecommunication services such as MCS (Multimedia Communication Service);equipment rental; IT services; radio and optical fiber network installation services.

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