GURUFOCUS.COM » STOCK LIST » Technology » Software » Agilysys Inc (NAS:AGYS) » Definitions » Property, Plant and Equipment

Agilysys (Agilysys) Property, Plant and Equipment

: $36.8 Mil (As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

Agilysys's quarterly net PPE increased from Jun. 2023 ($40.0 Mil) to Sep. 2023 ($40.6 Mil) but then declined from Sep. 2023 ($40.6 Mil) to Dec. 2023 ($36.8 Mil).

Agilysys's annual net PPE declined from Mar. 2021 ($21.0 Mil) to Mar. 2022 ($16.2 Mil) but then increased from Mar. 2022 ($16.2 Mil) to Mar. 2023 ($27.3 Mil).


Agilysys Property, Plant and Equipment Historical Data

The historical data trend for Agilysys's 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.

Agilysys Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Property, Plant and Equipment
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.84 26.06 21.00 16.23 27.28

Agilysys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment 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 Premium Member Only Premium Member Only Premium Member Only 24.52 27.28 40.03 40.57 36.81

Agilysys Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Agilysys  (NAS:AGYS) 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.


Agilysys Property, Plant and Equipment Related Terms

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


Agilysys (Agilysys) Business Description

Industry
Traded in Other Exchanges
Address
1000 Windward Concourse, Suite 250, Alpharetta, GA, USA, 30005
Agilysys Inc develops industry-specific technology solutions to help manage businesses. The firm offers technological solutions to control business operations, including property management, point-of-sale, dining reservations, inventory and procurement, analytics, labor management, self-service, and document management. It serves sectors such as gaming, hotels, resorts and cruise, corporate foodservice management, restaurants, universities, stadiums, and healthcare. The majority of the revenues are generated through contract support, maintenance, and subscription services it provides. Agilysys operates across North America, Europe, the Middle East, Asia-Pacific, and India.
Executives
Mak Capital Fund Lp 10 percent owner 590 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Jerry C Jones director 301 E. DAVE WARD DRIVE, CONWAY AR 72032
Michael A Kaufman 10 percent owner 590 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Wood William David Iii officer: Chief Financial Officer 1000 WINWARD CONCOURSE, #250, ALPHARETTA GA 30005
Chris J Robertson officer: Controller 1000 WINDWARD CONCOURSE, ALPHARETTA GA 30005
Donald A Colvin director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Kyle C Badger officer: SVP, GC & Secretary 40W267 KESLINGER ROAD, LAFOX IL 60147
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
John Mutch other: See Explanation of Responses C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
Prabuddha Biswas officer: CTO & SVP of Technology 3380 146TH PL SE, BELLEVUE WA 98007
Donald Anthony Demarinis officer: Senior Vice President of Sales 1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Laveti Sridhar officer: VP of Est. Prod. & Cust. Supp. 1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Jebaseelan Kingsley officer: VP, Professional Services 1000 WINDWARD CONCOURSE #250, ALPHARETTA GA 30005
Jacks Robert L. Jr. officer: VP of Professional Services 6775 EDMOND STREET, SUITE 100, LAS VEGAS NV 89118
Mak Capital Distressed Debt Fund I, Lp 10 percent owner MAK DDF-1 GP LLC, 590 MADISON AVENUE, 24TH FLOOR, NEW YORK NY 10022

Agilysys (Agilysys) Headlines

From GuruFocus