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BJ's Wholesale Club Holdings (FRA:8BJ) Gross Property, Plant and Equipment : €3,623 Mil (As of Oct. 2024)


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What is BJ's Wholesale Club Holdings Gross Property, Plant and Equipment?

BJ's Wholesale Club Holdings's quarterly gross PPE increased from Apr. 2024 (€3,523 Mil) to Jul. 2024 (€3,548 Mil) and increased from Jul. 2024 (€3,548 Mil) to Oct. 2024 (€3,623 Mil).

BJ's Wholesale Club Holdings's annual gross PPE increased from Jan. 2022 (€3,682 Mil) to Jan. 2023 (€4,316 Mil) and increased from Jan. 2023 (€4,316 Mil) to Jan. 2024 (€4,536 Mil).


BJ's Wholesale Club Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for BJ's Wholesale Club Holdings'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.

BJ's Wholesale Club Holdings Gross Property, Plant and Equipment Chart

BJ's Wholesale Club Holdings Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 3,457.39 3,296.71 3,681.97 4,315.80 4,536.26

BJ's Wholesale Club Holdings Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 3,476.08 4,536.26 3,523.16 3,547.95 3,623.34

BJ's Wholesale Club Holdings 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.


BJ's Wholesale Club Holdings  (FRA:8BJ) 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.


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BJ's Wholesale Club Holdings Business Description

Traded in Other Exchanges
Address
350 Campus Drive, Marlborough, MA, USA, 01752
BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its more than 240 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a "no-frills" store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of 7,000 stock-keeping units at its warehouses to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.

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