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ARLO (Arlo Technologies) Gross Property, Plant and Equipment : $48.8 Mil (As of Sep. 2024)


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What is Arlo Technologies Gross Property, Plant and Equipment?

Arlo Technologies's quarterly gross PPE declined from Mar. 2024 ($48.9 Mil) to Jun. 2024 ($48.2 Mil) but then increased from Jun. 2024 ($48.2 Mil) to Sep. 2024 ($48.8 Mil).

Arlo Technologies's annual gross PPE stayed the same from Dec. 2021 ($53.4 Mil) to Dec. 2022 ($52.3 Mil) but then declined from Dec. 2022 ($52.3 Mil) to Dec. 2023 ($49.9 Mil).


Arlo Technologies Gross Property, Plant and Equipment Historical Data

The historical data trend for Arlo Technologies's Gross 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.

Arlo Technologies Gross Property, Plant and Equipment Chart

Arlo Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 72.86 67.74 53.43 52.31 49.88

Arlo Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross 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 53.63 49.88 48.88 48.23 48.84

Arlo Technologies Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Arlo Technologies  (NYSE:ARLO) Gross 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.


Arlo Technologies Gross Property, Plant and Equipment Related Terms

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Arlo Technologies Business Description

Industry
Traded in Other Exchanges
Address
2200 Faraday Avenue, Suite 150, Carlsbad, CA, USA, 92008
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. It provides different products and services such as, subscription based services like Arlo Secure, Arlo Total Security, Arlo Safe, and security devices, like smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras and home security systems. Geographically, the company generates majority of its revenue from the United States and rest from Spain, Ireland and other regions.
Executives
Matthew Blake Mcrae director, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Brian Busse officer: See Remarks 2200 FARADAY AVE., SUITE 150, CARLSBAD CA 92008
Kurtis Joseph Binder officer: Chief Financial Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Ralph E Faison director 12220 WORLD TRADE DRIVE, SAN DIEGO CA 92128
Miller Joycelyn Carter director 711 HIGH STREET, DES MOINES IA 50392-0300
Amy M Rothstein director 704 228TH AVE NE, SAMMAMISH WA 98047
Grady Summers director 1440 MCCARTHY BLVD, MILPITAS CA 95035
Prashant Aggarwal director C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Gordon Mattingly officer: Chief Financial Officer C/O ARLO TECHNOLOGIES, INC., 3030 ORCHARD PARKWAY, SAN JOSE CA 95134
Catriona M. Fallon director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Michael W Pope director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Christine Marie Gorjanc officer: Chief Financial Officer 4500 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Patrick Cs Lo director
Collins Patrick J Iii officer: See Remarks 350 E. PLUMERIA, SAN JOSE CA 95134
Netgear, Inc 10 percent owner 350 EAST PLUMERIA DRIVE, SAN JOSE CA 95134