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Oi (OIBZQ) Construction In Progress : $305 Mil (As of Dec. 2022)


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What is Oi Construction In Progress?

Oi's quarterly construction in progress increased from Jun. 2021 ($432 Mil) to Sep. 2021 ($555 Mil) but then declined from Sep. 2021 ($555 Mil) to Dec. 2022 ($305 Mil).

Oi's annual construction in progress declined from Dec. 2020 ($380 Mil) to Dec. 2022 ($305 Mil) and declined from Dec. 2022 ($305 Mil) to Dec. 2023 ($96 Mil).

Oi Construction In Progress Historical Data

The historical data trend for Oi'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.

Oi Construction In Progress Chart

Oi Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 863.06 525.84 379.60 305.17 96.38

Oi Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec22 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 350.54 432.38 554.55 305.17 96.38

Oi 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.

Oi (OIBZQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Oi SA (OTCPK:OIBZQ) » Definitions » Construction In Progress
Comparable Companies
BSP:FIQE3 BSP:BRIT3 BSP:TELB3 BSP:DESK3 BSP:LVTC3 BSP:DTCY3 BSP:ATOM3 BSP:BLUT3 VZ TMUS SHSE:600941 CMCSA T TSE:9432 XTER:DTE TSE:9433 ADX:ETISALAT TSE:9984 NSE:BHARTIARTL AMXA
Traded in Other Exchanges
OIBRQ:USA OIBR4:Brazil OIBR3:Brazil
Address
Rua Humberto de Campos, 425, Leblon, Rio de Janeiro, RJ, BRA, 22430-190
Website
https://www.oi.com.br
Oi SA is a provider of telecommunication services. The company's operating segment include Residential; Personal mobility and Other services and business. It generates maximum revenue from the Residential segment. The Residential Services segment focused on the sale of fixed telephony services, including voice services, data communication services (broadband).