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Insight Enterprises (Insight Enterprises) Gross Property, Plant and Equipment : $430 Mil (As of Dec. 2023)


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What is Insight Enterprises Gross Property, Plant and Equipment?

Insight Enterprises's quarterly gross PPE increased from Jun. 2023 ($420 Mil) to Sep. 2023 ($428 Mil) and increased from Sep. 2023 ($428 Mil) to Dec. 2023 ($430 Mil).

Insight Enterprises's annual gross PPE increased from Dec. 2021 ($410 Mil) to Dec. 2022 ($419 Mil) and increased from Dec. 2022 ($419 Mil) to Dec. 2023 ($430 Mil).


Insight Enterprises Gross Property, Plant and Equipment Historical Data

The historical data trend for Insight Enterprises'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.

Insight Enterprises Gross Property, Plant and Equipment Chart

Insight Enterprises 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 367.24 402.08 410.05 419.24 429.65

Insight Enterprises 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 419.24 416.39 419.95 427.80 429.65

Insight Enterprises 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.


Insight Enterprises  (NAS:NSIT) 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.


Insight Enterprises Gross Property, Plant and Equipment Related Terms

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Insight Enterprises (Insight Enterprises) Business Description

Industry
Traded in Other Exchanges
Address
2701 E. Insight Way, Chandler, AZ, USA, 85286
Insight Enterprises Inc is a Fortune 500 global IT provider primarily engaged in helping businesses of all sizes, large enterprises, governments, schools, and health care organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.
Executives
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Samuel C Cowley officer: SVP, Gen'l Counsel & Secretary 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Timothy A Crown director, officer: CEO, President 6820 S HARL AVE, TEMPE AZ 85283
Adrian P Gregory officer: President, EMEA 2701 E INSIGHT WAY, CHANDLER AZ 85286
Rachael A Bertrandt officer: Principal Accounting Officer INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Glynis Bryan officer: CFO 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Kathleen S Pushor director 8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Daniel Burger officer: President INA 6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati officer: Chief Information Officer 6820 S HARL AVENUE, TEMPE AZ 85283
Jennifer M Vasin officer: Chief Human Resources Officer 2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129