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PVH (PVH) Gross Property, Plant and Equipment : $1,987 Mil (As of Oct. 2024)


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What is PVH Gross Property, Plant and Equipment?

PVH's quarterly gross PPE declined from Apr. 2024 ($2,082 Mil) to Jul. 2024 ($2,031 Mil) and declined from Jul. 2024 ($2,031 Mil) to Oct. 2024 ($1,987 Mil).

PVH's annual gross PPE increased from Jan. 2022 ($4,001 Mil) to Jan. 2023 ($4,100 Mil) but then declined from Jan. 2023 ($4,100 Mil) to Jan. 2024 ($3,976 Mil).


PVH Gross Property, Plant and Equipment Historical Data

The historical data trend for PVH'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.

PVH Gross Property, Plant and Equipment Chart

PVH Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,282.00 4,259.10 4,001.10 4,099.70 3,975.70

PVH 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 2,082.60 3,975.70 2,081.90 2,030.90 1,986.50

PVH 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.


PVH  (NYSE:PVH) 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.


PVH Gross Property, Plant and Equipment Related Terms

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PVH Business Description

Traded in Other Exchanges
Address
285 Madison Avenue, New York, NY, USA, 10017
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.
Executives
James Holmes officer: EVP & Controller C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Mark D Fischer officer: EVP, General Counsel & Sec. C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Julie Fuller officer: Chief People Officer 200 MADISON AVENUE, NEW YORK NY 10016
Martijn Hagman officer: CEO, PVH Europe C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016
Eva Serrano officer: Global Brand President, CK C/O PVH CORP, 285 MADISONAVENUE, NEW YORK NY 10017
Zachary Coughlin officer: EVP, Chief Financial Officer 285 MADISON AVENUE, NEW YORK NY 10017
Stefan Larsson director, officer: Chief Executive Officer TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Ajay Bhalla director 2000 PURCHASE STREET, PURCHASE NY 10577
Sourry Knox Judith Amanda director C/O 200 MADISON AVENUE, NEW YORK NY 10016
Brent Callinicos director C/O 706 MISSION STREET, SAN FRANCISCO CA 94103
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Vincent James Marino director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Joseph B Fuller director TWO CANAL PARK, CAMBRIDGE MA 02141
George Cheeks director 200 MADISON AVENUE, NEW YORK NY 10016
Allison Peterson director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423