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Children's Place's quarterly net PPE increased from Jul. 2023 ($254 Mil) to Oct. 2023 ($263 Mil) and increased from Oct. 2023 ($263 Mil) to Jan. 2024 ($300 Mil).
Children's Place's annual net PPE declined from Jan. 2022 ($350 Mil) to Jan. 2023 ($305 Mil) and declined from Jan. 2023 ($305 Mil) to Jan. 2024 ($300 Mil).
The historical data trend for Children's Place'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.
Children's Place Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
Property, Plant and Equipment | Get a 7-Day Free Trial | 630.72 | 465.43 | 349.66 | 305.36 | 300.10 |
Children's Place Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Property, Plant and Equipment | Get a 7-Day Free Trial | 305.36 | 291.10 | 253.57 | 262.50 | 300.10 |
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:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
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.
Children's Place (NAS:PLCE) 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.
Thank you for viewing the detailed overview of Children's Place's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.
Maegan Markee | officer: BRAND PRESIDENT | 500 PLAZA DRIVE, SECAUCUS NJ 07094 |
Alicia Enciso | director | 1721 VALLEY AVENUE, MCLEAN VA 22101 |
Jane T Elfers | officer: President and CEO | C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094 |
Wesley S Mcdonald | director | |
Michael A Shaffer | director | C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016 |
Sheamus Toal | officer: SVP, CHIEF FINANCIAL OFFICER | 450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001 |
John E. Bachman | director | 77 EXETER STREET, 1809, BOSTON MA 02116 |
Joseph A Alutto | director | 810 CURLEYS COURT, COLUMBUS OH 43235 |
Jared Shure | officer: SVP, GEN COUNSEL & SECRETARY | 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
Elizabeth J Boland | director | C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459 |
Deborah Derby | officer: CHIEF ADMINISTRATIVE OFFICER | TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645 |
Katherine Kountze | director | 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
Michael D Rinaldo | officer: CHIEF ACCOUNTING OFFICER | C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022 |
Leah Swan | officer: CHIEF ADMINISTRATIVE OFFICER | 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094 |
Robert F Helm | officer: SVP, FINANCE & INV MGMT (CAO) | 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094 |
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