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TCSG (The Container Store Group) Property, Plant and Equipment : $542.8 Mil (As of Sep. 2024)


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What is The Container Store Group Property, Plant and Equipment?

The Container Store Group's quarterly net PPE declined from Mar. 2024 ($555.6 Mil) to Jun. 2024 ($554.7 Mil) and declined from Jun. 2024 ($554.7 Mil) to Sep. 2024 ($542.8 Mil).

The Container Store Group's annual net PPE increased from Mar. 2022 ($487.7 Mil) to Mar. 2023 ($506.7 Mil) and increased from Mar. 2023 ($506.7 Mil) to Mar. 2024 ($555.6 Mil).


The Container Store Group Property, Plant and Equipment Historical Data

The historical data trend for The Container Store Group'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.

The Container Store Group Property, Plant and Equipment Chart

The Container Store Group Annual Data
Trend Feb15 Feb16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 494.71 439.03 487.72 506.66 555.59

The Container Store Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 514.60 500.76 555.59 554.72 542.75

The Container Store Group 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.


The Container Store Group  (OTCPK:TCSG) 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.


The Container Store Group Property, Plant and Equipment Related Terms

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The Container Store Group Business Description

Traded in Other Exchanges
N/A
Address
500 Freeport Parkway, Coppell, TX, USA, 75019
The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment consists of retail stores, website, and call center, as well as installation and organizational services business. The Elfa segment involves designing and manufacturing component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment.
Executives
Satish Malhotra director, officer: CEO & President C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019
Robert E Jordan director C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Dhritiman Saha officer: Chief Information Officer C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Jeffrey A Miller officer: VICE PRESIDENT & CAO C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Stacey Shively officer: Chief Merchandising Officer C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Green Equity Investors V, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Nicole Beth Otto director C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Tony Laday director 6820 LBJ FREEWAY, DALLAS TX 75240
Lisa Klinger director C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Wendi Christine Sturgis director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Caryl Stern director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Melissa Collins officer: EVP & Chief Marketing Officer C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Timothy John Flynn director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
John Kristofer Galashan director, 10 percent owner LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
John Gehre officer: SEE REMARKS C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019