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PZ Cussons Nigeria (NSA:PZ) Property, Plant and Equipment : ₦15,790.26 Mil (As of Nov. 2023)


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What is PZ Cussons Nigeria Property, Plant and Equipment?

PZ Cussons Nigeria's quarterly net PPE declined from Nov. 2022 (₦49,410.67 Mil) to May. 2023 (₦15,704.31 Mil) but then increased from May. 2023 (₦15,704.31 Mil) to Nov. 2023 (₦15,790.26 Mil).

PZ Cussons Nigeria's annual net PPE declined from May. 2021 (₦55,964.40 Mil) to May. 2022 (₦16,582.97 Mil) and declined from May. 2022 (₦16,582.97 Mil) to May. 2023 (₦15,704.31 Mil).


PZ Cussons Nigeria Property, Plant and Equipment Historical Data

The historical data trend for PZ Cussons Nigeria'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.

PZ Cussons Nigeria Property, Plant and Equipment Chart

PZ Cussons Nigeria Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,340.86 55,635.21 55,964.40 16,582.97 15,704.31

PZ Cussons Nigeria Semi-Annual Data
Nov13 May14 Nov14 May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 53,556.88 16,582.97 49,410.67 15,704.31 15,790.26

PZ Cussons Nigeria 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.


PZ Cussons Nigeria  (NSA:PZ) 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.


PZ Cussons Nigeria Property, Plant and Equipment Related Terms

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PZ Cussons Nigeria (NSA:PZ) Business Description

Traded in Other Exchanges
N/A
Address
3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.

PZ Cussons Nigeria (NSA:PZ) Headlines

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