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Olo (OLO) Property, Plant and Equipment : $35.8 Mil (As of Mar. 2024)


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What is Olo Property, Plant and Equipment?

Olo's quarterly net PPE increased from Sep. 2023 ($33.4 Mil) to Dec. 2023 ($34.6 Mil) and increased from Dec. 2023 ($34.6 Mil) to Mar. 2024 ($35.8 Mil).

Olo's annual net PPE increased from Dec. 2021 ($3.3 Mil) to Dec. 2022 ($27.3 Mil) and increased from Dec. 2022 ($27.3 Mil) to Dec. 2023 ($34.6 Mil).


Olo Property, Plant and Equipment Historical Data

The historical data trend for Olo's Property, Plant and Equipment 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.

* Premium members only.

Olo Property, Plant and Equipment Chart

Olo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial 1.53 2.24 3.30 27.28 34.58

Olo Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.43 32.41 33.38 34.58 35.84

Olo Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Olo  (NYSE:OLO) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Olo Property, Plant and Equipment Related Terms

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Olo (OLO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Olo Inc (NYSE:OLO) » Definitions » Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
99 Hudson Street, 10th Floor, New York, NY, USA, 10013
Olo inc is an open Software as a Service platform for restaurants. Its platform powers restaurant brands' on-demand digital commerce operations, enabling digital ordering, delivery, front-of-house management, and payments, while further strengthening and enhancing restaurants' direct guest relationships. The company generates revenue from providing its customers access to its platform.
Executives
Joanna G Lambert officer: Chief Operating Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Robert Morvillo officer: General Counsel and Secretary C/O OLO INC., 99 HUDSON STREET, FLOOR 10, NEW YORK NY 10013
Sherri Manning officer: Chief People Officer 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Diego Panama officer: Chief Revenue Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Noah H. Glass director, officer: CEO C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Peter J. Benevides officer: Chief Financial Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Zuhairah Scott Washington director C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Lee Kirkpatrick director TWILIO INC, 645 HARRISON STREET THIRD FLOOR, SAN FRANCISCO CA 94107
Nithya B. Das officer: COO and Chief Legal Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Daniel Harris Meyer director 24 UNION SQUARE EAST, SIXTH FLOOR, NEW YORK NY 10003
Marty D. Hahnfeld officer: Chief Customer Officer C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
Neville Colin director C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Russell N. Jones director C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
David A. Frankel director, 10 percent owner 1 MIFFLIN PLACE SUITE 300, CAMBRIDGE MA 02138
Linda Rottenberg director 1805 29TH ST, STE 2050, BOULDER CO 80302