GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Dubai Refreshments PSC (DFM:DRC) » Definitions » Property, Plant and Equipment

Dubai Refreshments PSC (DFM:DRC) Property, Plant and Equipment : د.إ615.6 Mil (As of Dec. 2023)


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

What is Dubai Refreshments PSC Property, Plant and Equipment?

Dubai Refreshments PSC's quarterly net PPE declined from Jun. 2023 (د.إ625.4 Mil) to Sep. 2023 (د.إ622.4 Mil) and declined from Sep. 2023 (د.إ622.4 Mil) to Dec. 2023 (د.إ615.6 Mil).

Dubai Refreshments PSC's annual net PPE declined from Dec. 2021 (د.إ684.2 Mil) to Dec. 2022 (د.إ664.4 Mil) and declined from Dec. 2022 (د.إ664.4 Mil) to Dec. 2023 (د.إ615.6 Mil).


Dubai Refreshments PSC Property, Plant and Equipment Historical Data

The historical data trend for Dubai Refreshments PSC'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.

Dubai Refreshments PSC Property, Plant and Equipment Chart

Dubai Refreshments PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 768.14 726.42 684.17 664.44 615.56

Dubai Refreshments PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 664.44 653.86 625.36 622.36 615.56

Dubai Refreshments PSC 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.


Dubai Refreshments PSC  (DFM:DRC) 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.


Dubai Refreshments PSC Property, Plant and Equipment Related Terms

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


Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

No Headlines