Consorcio AraB de CV (MEX:ARA) Construction In Progress : MXN21 Mil (As of Sep. 2024)

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What is Consorcio AraB de CV Construction In Progress?

Consorcio AraB de CV's quarterly construction in progress stayed the same from Mar. 2024 (MXN21 Mil) to Jun. 2024 (MXN21 Mil) and stayed the same from Jun. 2024 (MXN21 Mil) to Sep. 2024 (MXN21 Mil).

Consorcio AraB de CV's annual construction in progress increased from Dec. 2021 (MXN7 Mil) to Dec. 2022 (MXN9 Mil) and increased from Dec. 2022 (MXN9 Mil) to Dec. 2023 (MXN21 Mil).

Consorcio AraB de CV Construction In Progress Historical Data

The historical data trend for Consorcio AraB de CV'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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Consorcio AraB de CV Construction In Progress Chart

Consorcio AraB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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6.62

8.94

20.54

Consorcio AraB de CV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															19.38	20.54	20.54	20.54	20.54

Consorcio AraB de CV 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.

Consorcio AraB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Consorcio Ara SAB de CV (MEX:ARA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CNRFF:USA

Address

Paseo de Tamarindos No. 90, Torre 1, Arcos Bosques Marco II, Piso 25, Bosques de las Lomas, Mexico, DF, MEX, 05120

Website

http://www.consorcioara.com.mx

Consorcio Ara SAB de CV is a Mexican housing development company. The company designs, develops, constructs, and markets low income, affordable entry level, middle income, and residential housing developments. In addition, the group rents mini-supermarkets under operating leases in Mexico. Consorcio derives the majority of its revenue offering its services to middle-income sector.