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GuruFocus has detected 8 Warning Signs with Sothebys $BID.
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Sothebys (NYSE:BID)
Accumulated Depreciation
$-209.2 Mil (As of Dec. 2016)

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Sothebys's quarterly accumulated depreciation increased from Jun. 2016 ($-207.0 Mil) to Sep. 2016 ($-209.2 Mil) but then declined from Sep. 2016 ($-209.2 Mil) to Dec. 2016 ($-209.2 Mil).

Sothebys's annual accumulated depreciation increased from Dec. 2014 ($-191.3 Mil) to Dec. 2015 ($-203.5 Mil) and increased from Dec. 2015 ($-203.5 Mil) to Dec. 2016 ($-209.2 Mil).


Definition

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Sothebys Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
AccumulatedDepreciation -178.9-182.3-139.8-147.3-155.7-165.8-178.8-191.3-203.5-209.2

Sothebys Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
AccumulatedDepreciation -189.5-191.3-192.0-200.2-201.4-203.5-205.5-207.0-209.2-209.2
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