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Sage Group (The) (Sage Group (The)) Accumulated Depreciation : $-249 Mil (As of Sep. 2023)


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What is Sage Group (The) Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Sage Group (The)'s quarterly accumulated depreciation declined from Sep. 2022 ($-180 Mil) to Mar. 2023 ($0 Mil) but then increased from Mar. 2023 ($0 Mil) to Sep. 2023 ($-249 Mil).

Sage Group (The)'s annual accumulated depreciation declined from Sep. 2021 ($-213 Mil) to Sep. 2022 ($-180 Mil) but then increased from Sep. 2022 ($-180 Mil) to Sep. 2023 ($-249 Mil).

Sage Group (The) Accumulated Depreciation Historical Data

The historical data trend for Sage Group (The)'s Accumulated Depreciation 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.

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Sage Group (The) Accumulated Depreciation Chart

Sage Group (The) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -211.63 -261.66 -212.91 -180.07 -248.76

Sage Group (The) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accumulated Depreciation 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 -212.91 - -180.07 - -248.76

Sage Group (The) Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Sage Group (The) Accumulated Depreciation Related Terms

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Sage Group (The) (Sage Group (The)) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Sage Group (The) PLC (OTCPK:SGPYY) » Definitions » Accumulated Depreciation
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Traded in Other Exchanges
SGGEF:USA SGEl:UK SGE:UK SGK1:Germany
Address
C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, GBR, NE28 9EJ
Website
https://www.sage.com
The Sage Group is a U.K.-based provider of accounting and enterprise resource planning, or ERP, software, predominantly to customers in the U.S. and Europe. The company was founded in 1981 and historically sold on-premises software products with perpetual software licenses. However, the company is transitioning toward cloud connected and cloud native products, sold via software-as-a-service, or SaaS, contracts. Sage's main cloud native products include Sage Accounting, for small businesses, and Sage Intacct, which Sage acquired in 2017, for midsize businesses.