GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Frasers Group PLC (OTCPK:SDIPF) » Definitions » Gross Property, Plant and Equipment

SDIPF (Frasers Group) Gross Property, Plant and Equipment : $1,170 Mil (As of Oct. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Frasers Group Gross Property, Plant and Equipment?

Frasers Group's quarterly gross PPE increased from Oct. 2023 ($1,429 Mil) to Apr. 2024 ($3,929 Mil) but then declined from Apr. 2024 ($3,929 Mil) to Oct. 2024 ($1,170 Mil).

Frasers Group's annual gross PPE increased from Apr. 2022 ($3,709 Mil) to Apr. 2023 ($3,942 Mil) but then declined from Apr. 2023 ($3,942 Mil) to Apr. 2024 ($3,929 Mil).


Frasers Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Frasers Group'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.

Frasers Group Gross Property, Plant and Equipment Chart

Frasers Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,003.85 3,786.70 3,709.19 3,941.84 3,929.41

Frasers Group Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 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 1,123.13 3,941.84 1,428.87 3,929.41 1,169.75

Frasers Group 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.


Frasers Group  (OTCPK:SDIPF) 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.


Frasers Group Gross Property, Plant and Equipment Related Terms

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


Frasers Group Business Description

Traded in Other Exchanges
Address
Unit A, Brook Park East, Shirebrook, GBR, NG20 8RY
Frasers Group PLC is a U.K. sports goods retailer. The diversified portfolio, consists of brands such as Dunlop, Lonsdale, Nike, Adidas, Under Armour, Puma, Karrimor, Kangol, Slazenger, Everlast, No Fear, and Firetrap, among others. Sports Direct International sells through stand-alone stores and multi-fascia retail spaces, department stores, and online. The premium lifestyle portfolio operates under the Flannels, Cruise, USC, and Van Mildert fascias. The company has five segments five operating segments: UK Sports, Premium Lifestyle, International, Property and Financial Services. It operates stores in the United Kingdom, Europe, Asia, Oceania and USA.

Frasers Group Headlines