XP (XP) Construction In Progress : $42 Mil (As of Dec. 2023)

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What is XP Construction In Progress?

XP'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 ($42 Mil).

XP's annual construction in progress increased from Dec. 2021 ($29 Mil) to Dec. 2022 ($34 Mil) and increased from Dec. 2022 ($34 Mil) to Dec. 2023 ($42 Mil).

XP Construction In Progress Historical Data

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

XP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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19.75

29.02

34.22

41.76

XP 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															34.22	-	-	-	41.76

XP 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.

XP (XP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » XP Inc (NAS:XP) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

XP:Mexico XP9:Germany XP9:Germany XPBR31:Brazil

Address

Avenue Chedid Jafet, 75, Torre Sul, 30th floor, Vila Olimpia, Sao Paulo, SP, BRA, 04551-065

Website

https://www.xpinc.com

XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission.