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Slack Technologies (Slack Technologies) Gross Property, Plant and Equipment : $358.1 Mil (As of Apr. 2021)


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What is Slack Technologies Gross Property, Plant and Equipment?

Slack Technologies's quarterly gross PPE declined from Oct. 2020 ($373.1 Mil) to Jan. 2021 ($366.8 Mil) and declined from Jan. 2021 ($366.8 Mil) to Apr. 2021 ($358.1 Mil).

Slack Technologies's annual gross PPE increased from Jan. 2019 ($118.5 Mil) to Jan. 2020 ($341.8 Mil) and increased from Jan. 2020 ($341.8 Mil) to Jan. 2021 ($366.8 Mil).


Slack Technologies Gross Property, Plant and Equipment Historical Data

The historical data trend for Slack Technologies'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.

Slack Technologies Gross Property, Plant and Equipment Chart

Slack Technologies Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21
Gross Property, Plant and Equipment
- 64.76 118.49 341.75 366.77

Slack Technologies Quarterly Data
Jan17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 335.28 332.64 373.07 366.77 358.07

Slack Technologies 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.


Slack Technologies  (NYSE:WORK) 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.


Slack Technologies Gross Property, Plant and Equipment Related Terms

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Slack Technologies (Slack Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 Howard Street, San Francisco, CA, USA, 94105
Slack Technologies operates Slack, a software-as-a-service platform that brings together people, applications, and data. The platform is appropriate for all business types, from small and medium-size businesses to enterprise customers. The company was founded in 2009 as a game developer but later changed its focus and released its internally developed toolset, Slack, in 2013. It is headquartered in San Francisco.
Executives
David Schellhase officer: General Counsel and Secretary THE LANDMARK @ ONE MARKET, SUITE 300, SAN FRANCISCO CA 94105
Allen Shim officer: Chief Financial Officer C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
Robert Frati officer: Sr VP Sales, Customer Success C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Cal Henderson officer: Chief Technology Officer C/O SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Stewart Butterfield director, officer: Chief Executive Officer CO/ SLACK TECHNOLOGIES, INC. 500 HOWARD STREET SAN FRANCISCO CA 94105
Brandon Zell officer: Chief Accounting Officer C/O SLACK TECHNOLOGIES 500 HOWARD STREET SAN FRANCISCO CA 94105
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Tamar Yehoshua officer: Chief Product Officer 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
John Ofarrell director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Andrew Braccia director 428 UNIVERSITY AVE, PALO ALTO CA 94555
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Sheila B Jordan director 601 MERRITT 7, NORWALK CT 06851
Sarah Friar director C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Michael M Mcnamara director C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Accel Growth Fund Investors 2014 L.l.c. 10 percent owner 428 UNIVERSITY AVE, PALO ALTO CA 94301

Slack Technologies (Slack Technologies) Headlines

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