CPFL Energia (BSP:CPFE3) Construction In Progress : R$1,022 Mil (As of Dec. 2023)

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What is CPFL Energia Construction In Progress?

CPFL Energia's quarterly construction in progress stayed the same from Jun. 2023 (R$0 Mil) to Sep. 2023 (R$0 Mil) but then increased from Sep. 2023 (R$0 Mil) to Dec. 2023 (R$1,022 Mil).

CPFL Energia's annual construction in progress increased from Dec. 2021 (R$361 Mil) to Dec. 2022 (R$712 Mil) and increased from Dec. 2022 (R$712 Mil) to Dec. 2023 (R$1,022 Mil).

CPFL Energia Construction In Progress Historical Data

The historical data trend for CPFL Energia'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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CPFL Energia Construction In Progress Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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326.63

486.92

361.48

712.30

1,021.73

CPFL Energia Quarterly Data
	Mar19	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															712.30	-	-	-	1,021.73

CPFL Energia 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.

CPFL Energia (BSP:CPFE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CPFL Energia SA (BSP:CPFE3) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.

CPFL Energia (BSP:CPFE3) Headlines

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