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AmeriGas Partners LP (AmeriGas Partners LP) Gross Property, Plant and Equipment : $2,331 Mil (As of Jun. 2019)


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What is AmeriGas Partners LP Gross Property, Plant and Equipment?

AmeriGas Partners LP's quarterly gross PPE increased from Dec. 2018 ($2,322 Mil) to Mar. 2019 ($2,328 Mil) and increased from Mar. 2019 ($2,328 Mil) to Jun. 2019 ($2,331 Mil).

AmeriGas Partners LP's annual gross PPE stayed the same from Sep. 2016 ($2,774 Mil) to Sep. 2017 ($2,719 Mil) but then declined from Sep. 2017 ($2,719 Mil) to Sep. 2018 ($2,300 Mil).


AmeriGas Partners LP Gross Property, Plant and Equipment Historical Data

The historical data trend for AmeriGas Partners LP's Gross 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.

AmeriGas Partners LP Gross Property, Plant and Equipment Chart

AmeriGas Partners LP Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,626.68 2,694.06 2,773.95 2,718.60 2,300.11

AmeriGas Partners LP Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Gross 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 Premium Member Only 2,320.16 2,300.11 2,321.95 2,328.10 2,331.31

AmeriGas Partners LP Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


AmeriGas Partners LP  (NYSE:APU) Gross 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.


AmeriGas Partners LP Gross Property, Plant and Equipment Related Terms

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AmeriGas Partners LP (AmeriGas Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
460 North Gulph Road, King of Prussia, PA, USA, 19406
AmeriGas Partners is the largest retail propane marketer in the United States. The company sells about 1.1 billion gallons of propane annually to 1.8 million customers across a diverse footprint in all 50 states. AmeriGas also sells, installs, and services propane appliances, including heating systems. Its general partner is AmeriGas Inc., a wholly owned subsidiary of UGI.
Executives
Ann P Kelly officer: VP Finance and CFO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Frank S Hermance director AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Marvin O Schlanger director C/O LYONDELLBASELL INDUSTRIES N.V., STATIONSPLEIN 45, ROTTERDAM P7 3013AK
John R. Hartmann director 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Anne Pol director
Hugh J. Gallagher officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
K Rick Turner director 111 CENTER ST, STE 2500, LITTLE ROCK AR 72201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Pedro A Ramos director C/O FS INVESTMENT CORPORATION, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Roger Perreault officer: EVP, Global LPG of GP parent 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
John L Walsh director, officer: Chairman 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
William J Marrazzo director
Laurie Bergman officer: Controller & CAO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Thaddeus J Jastrzebski officer: Principal Financial Officer THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Jerry E Sheridan director, officer: President & CEO 460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406