GURUFOCUS.COM » STOCK LIST » Technology » Software » Aware Inc (NAS:AWRE) » Definitions » Gross Property, Plant and Equipment

Aware (AWRE) Gross Property, Plant and Equipment : $5.93 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Aware Gross Property, Plant and Equipment?

Aware's quarterly gross PPE declined from Jun. 2023 ($5.05 Mil) to Sep. 2023 ($4.95 Mil) but then increased from Sep. 2023 ($4.95 Mil) to Dec. 2023 ($5.93 Mil).

Aware's annual gross PPE stayed the same from Dec. 2021 ($12.47 Mil) to Dec. 2022 ($6.19 Mil) but then declined from Dec. 2022 ($6.19 Mil) to Dec. 2023 ($5.93 Mil).


Aware Gross Property, Plant and Equipment Historical Data

The historical data trend for Aware'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.

Aware Gross Property, Plant and Equipment Chart

Aware Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 12.44 12.47 6.19 5.93

Aware Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.19 5.17 5.05 4.95 5.93

Aware 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.


Aware  (NAS:AWRE) 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.


Aware Gross Property, Plant and Equipment Related Terms

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


Aware (AWRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Aware Inc (NAS:AWRE) » Definitions » Gross Property, Plant and Equipment
Traded in Other Exchanges
N/A
Address
76 Blanchard Road, Burlington, MA, USA, 01803
Aware Inc is a provider of software and services to the biometrics industry. The company's software products are used in government and commercial biometrics systems to identify or authenticate people. The government applications of biometrics systems include border control, visitor screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Its commercial applications include user authentication for login to mobile devices, computers, networks, and software programs, user authentication for financial transactions and purchases. Its geographical segments include the United States, Brazil, the United Kingdom, and the Rest of the world.
Executives
Robert A Eckel director, officer: CEO and President C/O AWARE, INC., 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David K Traverse officer: Principal Financial Officer 108 ADAMS STREET, DUNSTABLE MA 01827
Stafford John S Iii director, 10 percent owner 230 SOUTH LASALLE STREET 400, CHICAGO IL 60604
David Brian Barcelo officer: Chief Financial Officer 15 DAWN CIRCLE, ANDOVER MA 01810
Ronin Trading, Llc 10 percent owner 350 N. ORLEANS STREET, 2N, CHICAGO IL 60654
Craig A Herman officer: Chief Revenue Officer 15 ABBOT STREET, MARBLEHEAD MA 01945
Mohamed Lazzouni officer: Chief Technology Officer C/O VIISAGE TECHNOLOGY, INC., 296 CONCORD ROAD, BILLIERCA MA 01821
Gary Evee director 36 CONCETTA SASS DRIVE, RANDOLPH MA 02368
Peter R. Faubert director 50 NAGOG PARK, ACTON MA 01720
Ronin Capital, Llc 10 percent owner 350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654
Brian D Connolly director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brent P Johnstone director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Richard P Moberg director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David J Martin officer: Chief Financial Officer
Adrian F Kruse director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730