PowerFleet (JSE:PWR) Accumulated Depreciation : R-357 Mil (As of Dec. 2023)

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What is PowerFleet Accumulated Depreciation?

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

PowerFleet's quarterly accumulated depreciation declined from Jun. 2023 (R-345 Mil) to Sep. 2023 (R-341 Mil) but then increased from Sep. 2023 (R-341 Mil) to Dec. 2023 (R-357 Mil).

PowerFleet's annual accumulated depreciation increased from Dec. 2021 (R-212 Mil) to Dec. 2022 (R-270 Mil) and increased from Dec. 2022 (R-270 Mil) to Dec. 2023 (R-357 Mil).

PowerFleet Accumulated Depreciation Historical Data

The historical data trend for PowerFleet's Accumulated Depreciation 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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PowerFleet Accumulated Depreciation Chart

PowerFleet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-126.90

-144.44

-211.57

-270.36

-356.74

PowerFleet Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-270.36	-317.61	-344.72	-340.95	-356.74

PowerFleet Accumulated Depreciation Calculation

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.

PowerFleet Accumulated Depreciation Related Terms

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PowerFleet (JSE:PWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PowerFleet Inc (JSE:PWR) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PWFL:USA PWFL:Israel 3LO:Germany

Address

123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677

Website

https://www.powerfleet.com

PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.