Weg (BSP:WEGE3) Construction In Progress : R$797 Mil (As of Dec. 2023)

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What is Weg Construction In Progress?

Weg's quarterly construction in progress increased from Jun. 2023 (R$686 Mil) to Sep. 2023 (R$790 Mil) and increased from Sep. 2023 (R$790 Mil) to Dec. 2023 (R$797 Mil).

Weg's annual construction in progress increased from Dec. 2021 (R$299 Mil) to Dec. 2022 (R$591 Mil) and increased from Dec. 2022 (R$591 Mil) to Dec. 2023 (R$797 Mil).

Weg Construction In Progress Historical Data

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

Weg Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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2,148.67

449.91

298.54

590.57

797.17

Weg 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															590.57	632.37	686.23	789.68	797.17

Weg 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.

Weg (BSP:WEGE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weg SA (BSP:WEGE3) » Definitions » Construction In Progress

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WEGZY:USA

Address

Avenida Prefeito Waldemar Grubba, 3300, Jaragua do Sul, SC, BRA, 89256-900

Website

https://www.weg.net

Weg SA produces and sells electric motors, generators, control systems, and other industrial devices worldwide. The company has three reportable segments: industry, energy, and foreign (outside of Brazil). The industry segment manufactures various motors, drives, controls, and equipment for industrial automation. Energy products primarily consist of electricity generators for power plants, turbines, control systems, and transformers to aid distributed energy systems and solutions.

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