GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Gross Property, Plant and Equipment

Colruyt Group NV (Colruyt Group NV) Gross Property, Plant and Equipment : $3,060 Mil (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Colruyt Group NV Gross Property, Plant and Equipment?

Colruyt Group NV's quarterly gross PPE increased from Sep. 2022 ($2,778 Mil) to Mar. 2023 ($5,897 Mil) but then declined from Mar. 2023 ($5,897 Mil) to Sep. 2023 ($3,060 Mil).

Colruyt Group NV's annual gross PPE stayed the same from Mar. 2021 ($5,861 Mil) to Mar. 2022 ($5,788 Mil) but then increased from Mar. 2022 ($5,788 Mil) to Mar. 2023 ($5,897 Mil).


Colruyt Group NV Gross Property, Plant and Equipment Historical Data

The historical data trend for Colruyt Group NV'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.

Colruyt Group NV Gross Property, Plant and Equipment Chart

Colruyt Group NV Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,730.73 4,985.97 5,861.19 5,788.22 5,897.00

Colruyt Group NV Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 3,126.71 5,788.22 2,778.32 5,897.00 3,059.98

Colruyt Group NV 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.


Colruyt Group NV  (OTCPK:CUYTY) 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.


Colruyt Group NV Gross Property, Plant and Equipment Related Terms

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


Colruyt Group NV (Colruyt Group NV) Business Description

Traded in Other Exchanges
Address
Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500
Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

From GuruFocus

Colruyt Group NV's Dividend Analysis

By GuruFocus Research 12-19-2023

Unraveling Colruyt NV's Dividend Performance: A Deep Dive

By GuruFocus Research 09-29-2023

Spanish Investor Francisco Parames' Five New First-Quarter Stocks

By Holly LaFon Holly LaFon 04-30-2014