GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (OTCPK:MRVSY) » Definitions » Construction In Progress

Minerva (Minerva) Construction In Progress : $53 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Minerva Construction In Progress?

Minerva's quarterly construction in progress declined from Jun. 2023 ($69 Mil) to Sep. 2023 ($63 Mil) and declined from Sep. 2023 ($63 Mil) to Dec. 2023 ($53 Mil).

Minerva's annual construction in progress increased from Dec. 2021 ($50 Mil) to Dec. 2022 ($55 Mil) but then declined from Dec. 2022 ($55 Mil) to Dec. 2023 ($53 Mil).


Minerva Construction In Progress Historical Data

The historical data trend for Minerva'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.

* Premium members only.

Minerva Construction In Progress Chart

Minerva Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.81 49.26 49.92 55.14 53.32

Minerva 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.14 56.47 69.44 63.41 53.32

Minerva 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.


Minerva (Minerva) Business Description

Traded in Other Exchanges
Address
Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545
Minerva SA produces and markets beef and other meat products out of South America. It exports processed meat products, leather, and live cattle internationally. Partnerships with ranchers are enhanced by ideas and information exchange through lectures and training. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.