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Perspecta (Perspecta) Property, Plant and Equipment : $262 Mil (As of Dec. 2020)


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What is Perspecta Property, Plant and Equipment?

Perspecta's quarterly net PPE declined from Jun. 2020 ($299 Mil) to Sep. 2020 ($278 Mil) and declined from Sep. 2020 ($278 Mil) to Dec. 2020 ($262 Mil).

Perspecta's annual net PPE increased from Mar. 2018 ($290 Mil) to Mar. 2019 ($368 Mil) but then declined from Mar. 2019 ($368 Mil) to Mar. 2020 ($307 Mil).


Perspecta Property, Plant and Equipment Historical Data

The historical data trend for Perspecta'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.

Perspecta Property, Plant and Equipment Chart

Perspecta Annual Data
Trend Oct15 Oct16 Mar18 Mar19 Mar20
Property, Plant and Equipment
508.00 523.00 290.00 368.00 307.00

Perspecta Quarterly Data
Oct15 Oct16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 326.00 307.00 299.00 278.00 262.00

Perspecta 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.


Perspecta  (NYSE:PRSP) 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.


Perspecta Property, Plant and Equipment Related Terms

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Perspecta (Perspecta) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15052 Conference Center Drive, Chantilly, VA, USA, 20151
Perspecta Inc provides IT solutions. The company provides end end-to-end, technology-focused solutions, leveraging the full spectrum of its offerings and industry expertise to ensure broader access to customers, capabilities and contract vehicles.
Executives
Michael Earl Ventling director 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
John Kavanaugh officer: Chief Financial Officer 15052 CONFERENCE CENTER DRIVE CHANTILLY WA 20151
John M Curtis director, officer: Director, CEO 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Heller M Tammy officer: Chief Human Resources Officer 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
James Lawrence Gallagher officer: General Counsel & Secretary 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 2017120151
William Luebke officer: PAO & Controller 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Philip O Nolan director 15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Pamela O Kimmet director 11207 ORANGE HIBISCUS LANE, PALM BEACH GARDENS FL 33418
Sanju K Bansal director 1850 TOWERS CRESCENT PLAZA, MICROSTRATEGY INC, VIENNA VA 22182
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Glenn A Eisenberg director P O BOX 1017, CHARLOTTE NC 28201-1017
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
John M Lawrie director DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Biggs C Porter director TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201

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