GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vince Holding Corp (NYSE:VNCE) » Definitions » Property, Plant and Equipment

Vince Holding (Vince Holding) Property, Plant and Equipment : $80.0 Mil (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Vince Holding Property, Plant and Equipment?

Vince Holding's quarterly net PPE declined from Jul. 2023 ($83.6 Mil) to Oct. 2023 ($80.2 Mil) and declined from Oct. 2023 ($80.2 Mil) to Jan. 2024 ($80.0 Mil).

Vince Holding's annual net PPE declined from Jan. 2022 ($109.8 Mil) to Jan. 2023 ($83.1 Mil) and declined from Jan. 2023 ($83.1 Mil) to Jan. 2024 ($80.0 Mil).


Vince Holding Property, Plant and Equipment Historical Data

The historical data trend for Vince Holding'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.

Vince Holding Property, Plant and Equipment Chart

Vince Holding Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.91 109.72 109.79 83.10 79.98

Vince Holding Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 83.10 78.15 83.63 80.24 79.98

Vince Holding 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.


Vince Holding  (NYSE:VNCE) 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.


Vince Holding Property, Plant and Equipment Related Terms

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


Vince Holding (Vince Holding) Business Description

Traded in Other Exchanges
Address
500 5th Avenue, 20th Floor, New York, NY, USA, 10110
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
Executives
Michael J Mardy director
Michael Hand officer: Interim CFO 650 FROM RD, SUITE 375, PARAMUS NJ 07652
Jonathan Schwefel director, officer: Chief Executive Officer 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 101100
David Stefko officer: See Remarks 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Marie Fogel officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Lee Meiner officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Akiko Okuma officer: General Counsel & Secretary 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Amy Kate Trooskin officer: Chief Financial Officer 500 FIFTH AVE., 20TH FLOOR, NEW YORK NY 10110
Kelli Turner director C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Brendan Hoffman officer: Chief Executive Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Robin S Kramer director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Matthew N Garff director 11111 SANTA MONICA BLVD, SUITE 1050, LOS ANGELES CA 90025
Jeff M Feinberg director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Sun Capital Partners V Lp 10 percent owner 5200 TOWN CENTER CIRCLE, STE 600, BOCA RATON FL 33486
Marc J Leder director, 10 percent owner 5200 TOWN CENTER CIRCLE, SUITE 600, BOCA RATON FL 33486

Vince Holding (Vince Holding) Headlines