Gerdau (Gerdau) Construction In Progress : $1,126 Mil (As of Dec. 2023)

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What is Gerdau Construction In Progress?

Gerdau's quarterly construction in progress stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($1,126 Mil).

Gerdau's annual construction in progress increased from Dec. 2021 ($640 Mil) to Dec. 2022 ($708 Mil) and increased from Dec. 2022 ($708 Mil) to Dec. 2023 ($1,126 Mil).

Gerdau Construction In Progress Historical Data

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

Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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369.29

438.16

640.32

708.18

1,125.87

Gerdau 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															708.18	-	-	-	1,125.87

Gerdau 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.

Gerdau (Gerdau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (NYSE:GGB) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

GGBN:Mexico XGGB:Spain GDUB:Germany GDUA:Germany GDUB:Germany GDUA:Germany GGBR4:Brazil GGBR3:Brazil GGB:Argentina

Address

Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070

Website

https://www.gerdau.com

Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.