Análise do comportamento dos custos das empresas brasileiras listadas no segmento da construção civil da BM&FBovespa entre os anos de 2005 e 2014

Abstract

The objective of this study is to identify and analyze the costs behavior of the Building Construction segment of Brazilian companies listed on the BM&FBOVESPA between the years 2005 and 2014. We proceeded to a study by the survey type with data from 14 companies over 10 years, whose data have been derived from financial statements published annually by companies. The survey results show that the Cost of Goods Sold consumes an average of 66.89% of the Net Revenues of this segment. Another finding of this study is that companies with higher revenues have better index CPV/RLV and consequently the bigger profit. The companies with revenues from 100 million the relationship CPV/RLV tends to be constant and those with lower revenues compared to 25 million the CPV/RLV increases, noting that, to billings below that line the part of the Net Revenues tends to be consumed in its entirety or even surpassed by the Cost of Goods Sold. Relative Sticky Costs concluded that for the segment under consideration the proposed theory by Anderson, Banker and Janakiraman (2003) confirms since for Net Revenues variations up to 10% and more than 10% the cost increases more when revenue increases than the reverse.