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Arhaus (Arhaus) Property, Plant and Equipment : $604 Mil (As of Mar. 2024)


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What is Arhaus Property, Plant and Equipment?

Arhaus's quarterly net PPE increased from Sep. 2023 ($510 Mil) to Dec. 2023 ($551 Mil) and increased from Dec. 2023 ($551 Mil) to Mar. 2024 ($604 Mil).

Arhaus's annual net PPE increased from Dec. 2021 ($180 Mil) to Dec. 2022 ($436 Mil) and increased from Dec. 2022 ($436 Mil) to Dec. 2023 ($551 Mil).


Arhaus Property, Plant and Equipment Historical Data

The historical data trend for Arhaus's 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.

Arhaus Property, Plant and Equipment Chart

Arhaus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
116.45 117.70 179.63 436.48 551.23

Arhaus Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 452.64 498.71 510.49 551.23 604.28

Arhaus Property, Plant and Equipment Calculation

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


Arhaus  (NAS:ARHS) 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.


Arhaus Property, Plant and Equipment Related Terms

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Arhaus (Arhaus) Business Description

Traded in Other Exchanges
N/A
Address
51 East Hines Hill Road, Boston Heights, OH, USA, 44236
Arhaus Inc is a growing lifestyle brand and omnichannel retailer of premium home furniture. The company offers merchandise in a number of categories, including furniture, outdoor, lighting, textiles, and decor through its Retail and eCommerce sales channels.
Executives
Kathy E Veltri officer: CHIEF RETAIL OFFICER FURNITURE BRANDS INTERNATIONAL, INC., 1 N. BRENTWOOD BLVD., SAINT LOUIS MO 63105
Doody Alton F Iii director C/O BRAVO BRIO RESTAURANT GROUP, INC., 777 GOODALE BLVD, SUITE 100, COLUMBUS OH 43212
Fs Capital Partners Vi, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Dawn Sparks officer: CHIEF LOGISTICS OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Lisa Chi officer: CHIEF MERCHANDISING OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Alexis Depree director C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Tim Kuckelman officer: Chief Operating Officer C/O ARHAUS, INC., 51 E. HINES ROAD, BOSTON HEIGHTS OH 44236
Dawn Phillipson officer: CHIEF FINANCIAL OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
William Beargie director C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Albert T Adams director 3200 NATIONAL CITY CENTER, 1900 E NINTH ST, CLEVELAND OH 44114
John P Reed director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Jennifer E Porter officer: CHIEF MARKETING OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Gary L Lewis director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Brad Brutocao director 11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025