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ReposiTrak (ReposiTrak) Gross Property, Plant and Equipment : $1.00 Mil (As of Dec. 2023)


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What is ReposiTrak Gross Property, Plant and Equipment?

ReposiTrak's quarterly gross PPE declined from Jun. 2023 ($4.41 Mil) to Sep. 2023 ($1.14 Mil) and declined from Sep. 2023 ($1.14 Mil) to Dec. 2023 ($1.00 Mil).

ReposiTrak's annual gross PPE stayed the same from Jun. 2021 ($7.81 Mil) to Jun. 2022 ($3.71 Mil) but then increased from Jun. 2022 ($3.71 Mil) to Jun. 2023 ($4.41 Mil).


ReposiTrak Gross Property, Plant and Equipment Historical Data

The historical data trend for ReposiTrak'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.

ReposiTrak Gross Property, Plant and Equipment Chart

ReposiTrak Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 7.75 7.81 3.71 4.41

ReposiTrak 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 1.50 1.45 4.41 1.14 1.00

ReposiTrak 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.


ReposiTrak  (NYSE:TRAK) 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.


ReposiTrak Gross Property, Plant and Equipment Related Terms

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ReposiTrak (ReposiTrak) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ReposiTrak Inc (NYSE:TRAK) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
Address
5282 South Commerce Drive, Suite D292, Murray, UT, USA, 84107
ReposiTrak Inc is a software as a service provider with extensive capabilities that gives their customers an easy, cost-efficient way to expand their services to their benefit. The company and its subsidiaries develop, market, and support proprietary software products. These products assist the management of business operations, which helps clients to make more informed decisions. The company also provides a cloud-based solution to remain in compliance with business records and regulatory requirements. The firm's services comprise implementation, business optimization, outsourcing, technical services, education, and application hosting.
Executives
Peter J. Larkin director C/O PARK CITY GROUP, INC., 5282 S COMMERCE DR D292, MURRAY UT 84107
Randall K Fields director, 10 percent owner, officer: CEO 3160 PINEBROOK ROAD, PARK CITY UT 84098
Noll Austin F. Jr. director 32 HEATHER LANE, RANDOLPH NJ 07869
Ronald C Hodge director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
William S. Kies director 3160 PINEBROOK RD, PARK CITY UT 84098
Richard Juliano director 3044 OLDE COVE WAY, NAPLES FL 34119
Todd T Mitchell officer: CFO 299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
James R Gillis director
Edward Clissold officer: CFO, Gen Counsel, Secretary 3160 PINEBROOK RD, PARK CITY UT 84098
David Colbert officer: CHIEF FINANCIAL OFFICER 3160 PINEBROOK RD, PARK CITY UT 84098
Robert Paul Hermanns director 5411 247TH PL SE, ISSAQUAH WA 98029
Peter Thomas Brennan director 63 NORTH STREET, GREENWICH CT 06830
Robert W Allen director PARK CITY GROUP,INC., 3160 PINEBROOK RD., PARK CITY UT 84098
Chester Manly Molpus director C/O SPAR GROUP, INC., 555 WHITE PLAINS ROAD, SUITE 250, TARRYTOWN NY 10591
Richard A Jacobsen director 3160 PINEBROOK RD, PARK CITY UT 81098