Springs Global Participacoes (BSP:SGPS3) Construction In Progress : R$18 Mil (As of Mar. 2023)

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What is Springs Global Participacoes Construction In Progress?

Springs Global Participacoes's quarterly construction in progress declined from Sep. 2022 (R$27 Mil) to Dec. 2022 (R$18 Mil) but then increased from Dec. 2022 (R$18 Mil) to Mar. 2023 (R$18 Mil).

Springs Global Participacoes's annual construction in progress declined from Dec. 2020 (R$69 Mil) to Dec. 2021 (R$34 Mil) and declined from Dec. 2021 (R$34 Mil) to Dec. 2022 (R$18 Mil).

Springs Global Participacoes Construction In Progress Historical Data

The historical data trend for Springs Global 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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Springs Global Participacoes Construction In Progress Chart

Springs Global Participacoes Annual Data

Trend

Dec13

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Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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21.94

67.98

69.29

33.99

17.83

Springs Global Participacoes Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Construction In Progress	Get a 7-Day Free Trial															32.00	28.45	27.45	17.83	17.86

Springs Global 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.

Springs Global Participacoes (BSP:SGPS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Springs Global Participacoes SA (BSP:SGPS3) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

Avenue Lincoln Alves Dos Santos. 955, Montes Claros, MG, BRA, 39404005

Website

https://www.springs.com

Springs Global Participacoes SA is engaged in the textile industry. The company operates in the business of spinning, weaving, finishing, and manufacturing home textile products, bed and bath textile articles such as tablecloths, bed sheets, pillowcases, mattress pads, blankets, towels, shower curtains and bath accessories. The firm operates in Wholesale and Retail business units. It operates production facilities in Brazil, Argentina, and the United States. The wholesale unit accounts for the majority of revenue.

Springs Global Participacoes (BSP:SGPS3) Headlines

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