GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » OK Zimbabwe Ltd (XZIM:OKZ.ZW) » Definitions » Gross Property, Plant and Equipment

OK Zimbabwe (XZIM:OKZ.ZW) Gross Property, Plant and Equipment : ZWL458,565 Mil (As of Sep. 2023)


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

What is OK Zimbabwe Gross Property, Plant and Equipment?

OK Zimbabwe's quarterly gross PPE increased from Sep. 2022 (ZWL61,464 Mil) to Mar. 2023 (ZWL107,471 Mil) and increased from Mar. 2023 (ZWL107,471 Mil) to Sep. 2023 (ZWL458,565 Mil).

OK Zimbabwe's annual gross PPE increased from Mar. 2021 (ZWL18,150 Mil) to Mar. 2022 (ZWL79,819 Mil) and increased from Mar. 2022 (ZWL79,819 Mil) to Mar. 2023 (ZWL107,471 Mil).


OK Zimbabwe Gross Property, Plant and Equipment Historical Data

The historical data trend for OK Zimbabwe'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.

OK Zimbabwe Gross Property, Plant and Equipment Chart

OK Zimbabwe Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 1,810.59 8,440.89 18,150.29 79,818.80 107,470.59

OK Zimbabwe Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 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 10,201.45 79,818.80 61,464.05 107,470.59 458,564.70

OK Zimbabwe 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.


OK Zimbabwe  (XZIM:OKZ.ZW) 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.


OK Zimbabwe Gross Property, Plant and Equipment Related Terms

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


OK Zimbabwe (XZIM:OKZ.ZW) Business Description

Traded in Other Exchanges
N/A
Address
OK House, 7 Ramon Road, P.O. Box 3081, Graniteside, Harare, ZWE
OK Zimbabwe Ltd is a supermarket retailer in Zimbabwe. The company's business covers three categories including groceries, basic clothing and textiles, and houseware products. Its groceries category includes dry groceries, butchery, delicatessen, takeaway, bakery, provisions and fruit, and vegetable sections. The company trades its product under brand names, including OK Stores, Bon Marche Stores, and OKmart.

OK Zimbabwe (XZIM:OKZ.ZW) Headlines

No Headlines