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BILL Holdings (BILL Holdings) Property, Plant and Equipment : $150 Mil (As of Dec. 2023)


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What is BILL Holdings Property, Plant and Equipment?

BILL Holdings's quarterly net PPE increased from Jun. 2023 ($151 Mil) to Sep. 2023 ($152 Mil) but then declined from Sep. 2023 ($152 Mil) to Dec. 2023 ($150 Mil).

BILL Holdings's annual net PPE increased from Jun. 2021 ($121 Mil) to Jun. 2022 ($133 Mil) and increased from Jun. 2022 ($133 Mil) to Jun. 2023 ($151 Mil).


BILL Holdings Property, Plant and Equipment Historical Data

The historical data trend for BILL Holdings'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.

BILL Holdings Property, Plant and Equipment Chart

BILL Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Property, Plant and Equipment
Get a 7-Day Free Trial 6.56 13.87 120.83 133.43 150.55

BILL Holdings 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 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 142.11 147.80 150.55 151.89 150.08

BILL Holdings 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.


BILL Holdings  (NYSE:BILL) 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.


BILL Holdings Property, Plant and Equipment Related Terms

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BILL Holdings (BILL Holdings) Business Description

Industry
Traded in Other Exchanges
Address
6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Executives
Rajesh A. Aji officer: General Counsel & CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Loren Padelford officer: CCO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Germaine Cota officer: SVP, Finance & Accounting 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
John R. Rettig officer: CFO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Rene A. Lacerte director, officer: President and CEO C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Alison Wagonfeld director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Brian Jacobs director
Steven Cakebread director YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
Bora Chung officer: SVP of Products C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303
Blake Thomas Murray officer: CEO, DivvyPay, LLC C/O BILL.COM HOLDINGS, INC., 6220 AMERICA CENTER DRIVE, SUITE 100, SAN JOSE CA 95002
Tina Reich director C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE CA 95002
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Allison Mnookin director C/O INTUIT, 150 CAMBRIDGE PARK DRIVE, CAMBRIDGE MA 02140

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