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GSI Technology (GSI Technology) Property, Plant and Equipment : $7.80 Mil (As of Dec. 2023)


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What is GSI Technology Property, Plant and Equipment?

GSI Technology's quarterly net PPE declined from Jun. 2023 ($8.39 Mil) to Sep. 2023 ($8.09 Mil) and declined from Sep. 2023 ($8.09 Mil) to Dec. 2023 ($7.80 Mil).

GSI Technology's annual net PPE increased from Mar. 2021 ($8.01 Mil) to Mar. 2022 ($8.25 Mil) but then declined from Mar. 2022 ($8.25 Mil) to Mar. 2023 ($8.11 Mil).


GSI Technology Property, Plant and Equipment Historical Data

The historical data trend for GSI Technology'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.

GSI Technology Property, Plant and Equipment Chart

GSI Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 8.74 8.01 8.25 8.11

GSI Technology 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 7.83 8.11 8.39 8.09 7.80

GSI Technology 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.


GSI Technology  (NAS:GSIT) 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.


GSI Technology Property, Plant and Equipment Related Terms

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GSI Technology (GSI Technology) Business Description

Traded in Other Exchanges
N/A
Address
1213 Elko Drive, Sunnyvale, CA, USA, 94089
GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers, and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.
Executives
Robert Yau director, officer: VP, Engin., Sect. & Director GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Avidan Akerib officer: VP of Associative Computing C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Elizabeth Cholawsky director 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Ruey-lin Lu director EMPIA TECHNOLOGY, 2600 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Douglas Schirle officer: CFO GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Didier Lasserre officer: VP, Sales GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Hong-po Hsieh director 20 PARK AVE. II, HSINCHU SCIENCE PARK, HSINCHU F5 308
Kim Le director 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Jack A. Bradley director C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Arthur O Whipple director 870 WEST MAUDE AVE, SUNNYVALE CA 94085
Ping Tak Wu officer: VP, U.S. Operations GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Barbara H Nelson director C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Bor-tay Wu officer: VP, Taiwan Operations GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
Lee-lean Shu director, 10 percent owner, officer: Pres., CEO and Chairman GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
E Thomas Hart director 1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138