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3D Systems (3D Systems) Gross Property, Plant and Equipment : $135.0 Mil (As of Dec. 2023)


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What is 3D Systems Gross Property, Plant and Equipment?

3D Systems's quarterly gross PPE increased from Jun. 2023 ($128.9 Mil) to Sep. 2023 ($136.6 Mil) but then declined from Sep. 2023 ($136.6 Mil) to Dec. 2023 ($135.0 Mil).

3D Systems's annual gross PPE increased from Dec. 2021 ($237.5 Mil) to Dec. 2022 ($248.9 Mil) but then declined from Dec. 2022 ($248.9 Mil) to Dec. 2023 ($135.0 Mil).


3D Systems Gross Property, Plant and Equipment Historical Data

The historical data trend for 3D Systems'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.

3D Systems Gross Property, Plant and Equipment Chart

3D Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.21 285.45 237.47 248.95 135.04

3D Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 248.95 119.24 128.87 136.56 135.04

3D Systems 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.


3D Systems  (NYSE:DDD) 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.


3D Systems Gross Property, Plant and Equipment Related Terms

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3D Systems (3D Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3D Systems Corp (NYSE:DDD) » Definitions » Gross Property, Plant and Equipment
Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.
Executives
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Margaret E Wicklund officer: Chief Accounting Officer 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Reji Puthenveetil officer: EVP, Industrial Solutions 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Malissia Clinton director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Joseph R. Zuiker officer: EVP, Engineering & Operations 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew Martin Johnson officer: VP, General Counsel & Secretar 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Jeffrey A Graves officer: President and CEO C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
Michael Lynn Turner officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Charles W Hull director, officer: Exec. V.P./Chief Tech. Off. 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CORPORATION, ROCK HILL SC 29730
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Jagtar Narula officer: EVP & Chief Financial Officer 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Claudia Drayton director 12988 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Phyllis B Nordstrom officer: EVP & CHRO 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
David K Leigh officer: EVP & CTO (Additive Mfg) 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Michael S Crimmins officer: SVP, Chief Accounting Officer 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007