GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Whole Foods Market Inc (NAS:WFM) » Definitions » Gross Property, Plant and Equipment

Whole Foods Market (Whole Foods Market) Gross Property, Plant and Equipment : $3,482 Mil (As of Jun. 2017)


View and export this data going back to 1992. Start your Free Trial

What is Whole Foods Market Gross Property, Plant and Equipment?

Whole Foods Market's quarterly gross PPE increased from Dec. 2016 ($3,460 Mil) to Mar. 2017 ($3,469 Mil) and increased from Mar. 2017 ($3,469 Mil) to Jun. 2017 ($3,482 Mil).

Whole Foods Market's annual gross PPE increased from Sep. 2014 ($5,309 Mil) to Sep. 2015 ($5,854 Mil) and increased from Sep. 2015 ($5,854 Mil) to Sep. 2016 ($6,414 Mil).


Whole Foods Market Gross Property, Plant and Equipment Historical Data

The historical data trend for Whole Foods Market'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.

Whole Foods Market Gross Property, Plant and Equipment Chart

Whole Foods Market Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,049.00 4,512.00 5,309.00 5,854.00 6,414.00

Whole Foods Market Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 3,376.00 6,414.00 3,460.00 3,469.00 3,482.00

Whole Foods Market 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.


Whole Foods Market  (NAS:WFM) 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.


Whole Foods Market Gross Property, Plant and Equipment Related Terms

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


Whole Foods Market (Whole Foods Market) Business Description

Traded in Other Exchanges
N/A
Address
Whole Foods Market is the world's leading retailer of natural and organic foods by units and is the first certified organic grocer in the United States. Whole Foods' only operating segment consists of natural and organic foods supermarkets. As of fiscal 2016, the company had 456 stores in the United States, Canada, and the United Kingdom. The average store size is about 39,000 square feet. About 15% of the company's sales were derived from the sale of private-label products. The company announced a pending acquisition by Amazon in June 2017.
Executives
Scott F Powers director STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Sharon Mccollam director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Ken C Hicks director 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Mary Ellen Coe director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Gabrielle Sulzberger director 450 LEXINGTON AVENUE, FLOOR 13, NEW YORK NY 10017
Glenda J Flanagan officer: Executive Vice President 550 BOWIE STREET, AUSTIN TX 78703
Joseph D Mansueto director C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606
Robb Walter E Iv director 550 BOWIE STREET, AUSTIN TX 78703
Ralph Z Sorenson director WHOLE FOODS MARKET, INC. 550 BOWIE STREET AUSTIN TX 78703
William A Tindell director 500 FREEPORT PARKWAY, COPPELL TX 75019
Green Equity Investors V, L.p. other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Gei Capital V, Llc other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green Equity Investors Side V, L.p. other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Green V Holdings, Llc other: See General Remarks. 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Lgp Management Inc other: See General Remarks. 11111 SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025

Whole Foods Market (Whole Foods Market) Headlines

From GuruFocus

Why Kroger Might Not Be Eyeing Whole Foods

By Sangara Narayanan Sangara Narayanan 10-10-2016

Whole Foods: A Year to Forget

By The Science of Hitting The Science of Hitting 11-07-2016

Pennsylvania Trust Co.'s Top Sales in Q2 2015

By Tiziano Frateschi Tiziano Frateschi 07-20-2015

Whole Foods Market Makes for a Nutritious Investment

By Mrinalini Chaudhuri Mrinalini Chaudhuri 12-11-2015

The Market Undervalues Whole Foods

By Mark Yu Mark Yu 11-10-2016

Davis Funds Comments on Whole Foods Market

By Holly LaFon Holly LaFon 09-14-2015

Whole Foods' New Store Concept Could Shed Its 'Whole Paycheck' Image

By Fortune Frog Fortune Frog 05-12-2015

Why Investors Need Not Worry About Whole Foods' Revenue Miss

By Grassroot Research Grassroot Research 05-12-2015

Whole Foods: A Lost Decade

By The Science of Hitting The Science of Hitting 08-27-2015