GURUFOCUS.COM » STOCK LIST » Technology » Software » Qumu Corp (NAS:QUMU) » Definitions » Gross Property, Plant and Equipment

Qumu (QUMU) Gross Property, Plant and Equipment : $1.78 Mil (As of Sep. 2022)


View and export this data going back to 1992. Start your Free Trial

What is Qumu Gross Property, Plant and Equipment?

Qumu's quarterly gross PPE declined from Mar. 2022 ($1.98 Mil) to Jun. 2022 ($1.91 Mil) and declined from Jun. 2022 ($1.91 Mil) to Sep. 2022 ($1.78 Mil).

Qumu's annual gross PPE stayed the same from Dec. 2019 ($4.86 Mil) to Dec. 2020 ($1.96 Mil) but then increased from Dec. 2020 ($1.96 Mil) to Dec. 2021 ($2.03 Mil).


Qumu Gross Property, Plant and Equipment Historical Data

The historical data trend for Qumu'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.

Qumu Gross Property, Plant and Equipment Chart

Qumu Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 3.35 4.86 1.96 2.03

Qumu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 2.07 2.03 1.98 1.91 1.78

Qumu 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.


Qumu  (NAS:QUMU) 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.


Qumu Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Qumu's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Qumu (QUMU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Qumu Corp (NAS:QUMU) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 401-412, Minneapolis, MN, USA, 55415
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.
Executives
Rose Bentley director, officer: President and CEO 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Robert F Olson director 110 BANK ST. SE, APT 2002, MINNEAPOLIS MN 55414
Mary E Chowning director 65 PASEO DEL COYOTE, SANTA FE NM 87506
Neil E Cox director 86 S. WYNSTONE DR., NORTH BARRINGTON IL 60010
Edward D Horowitz director C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Thomas A. Krueger officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Jason Karp officer: CCO/Chief Counsel 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Tj Kennedy director, officer: President and CEO 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Dave Ristow officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Daniel R Fishback director 76 ADAM WAY, ATHERTON CA 94027
Vern Hanzlik director, officer: President and CEO 510 1ST AVENUE NORTH, SUITE 305, MINNEAPOLIS MN 55403
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203