Ventia Services Group (ASX:VNT) Machinery, Furniture, Equipment : A$241 Mil (As of Dec. 2023)

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What is Ventia Services Group Machinery, Furniture, Equipment?

Ventia Services Group's Machinery, Furniture, Equipment for the quarter that ended in Dec. 2023 was A$241 Mil.

Ventia Services Group's quarterly Machinery, Furniture, Equipment increased from Dec. 2022 (A$213 Mil) to Jun. 2023 (A$268 Mil) but then declined from Jun. 2023 (A$268 Mil) to Dec. 2023 (A$241 Mil).

Ventia Services Group's annual Machinery, Furniture, Equipment increased from Dec. 2021 (A$183 Mil) to Dec. 2022 (A$213 Mil) and increased from Dec. 2022 (A$213 Mil) to Dec. 2023 (A$241 Mil).

Ventia Services Group Machinery, Furniture, Equipment Historical Data

The historical data trend for Ventia Services Group's Machinery, Furniture, 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.

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Ventia Services Group Machinery, Furniture, Equipment Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Machinery, Furniture, Equipment

183.10

212.70

240.90

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Machinery, Furniture, Equipment	183.10	289.20	212.70	267.60	240.90

Ventia Services Group Machinery, Furniture, Equipment Calculation

Machinery, Furniture, Equipment represents those fixed assets specifically dealing with tools, equipment and office furniture.

Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Machinery, Furniture, Equipment

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.