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Motorcar Parts of America (Motorcar Parts of America) Gross Property, Plant and Equipment : $124.8 Mil (As of Dec. 2023)


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What is Motorcar Parts of America Gross Property, Plant and Equipment?

Motorcar Parts of America's quarterly gross PPE declined from Jun. 2023 ($133.0 Mil) to Sep. 2023 ($126.2 Mil) and declined from Sep. 2023 ($126.2 Mil) to Dec. 2023 ($124.8 Mil).

Motorcar Parts of America's annual gross PPE increased from Mar. 2021 ($171.4 Mil) to Mar. 2022 ($190.0 Mil) and increased from Mar. 2022 ($190.0 Mil) to Mar. 2023 ($197.2 Mil).


Motorcar Parts of America Gross Property, Plant and Equipment Historical Data

The historical data trend for Motorcar Parts of America'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.

Motorcar Parts of America Gross Property, Plant and Equipment Chart

Motorcar Parts of America 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 69.47 137.51 171.38 190.00 197.25

Motorcar Parts of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 132.10 197.25 133.00 126.25 124.83

Motorcar Parts of America 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.


Motorcar Parts of America  (NAS:MPAA) 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.


Motorcar Parts of America Gross Property, Plant and Equipment Related Terms

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Motorcar Parts of America (Motorcar Parts of America) Business Description

Traded in Other Exchanges
Address
2929 California Street, Torrance, CA, USA, 90503
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
Executives
Rudolph J Borneo director 50 O'FARRELL STREET, SAN FRANCISCO CA 94108
David Bryan director 605 STAPP ROAD, BOULDER CREEK CA 95006
Bison Capital Partners Vi, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler director 39 EAST UNION STREET, PASADENA CA 91103
Richard K Mochulsky officer: Vice President, Sales 2929 CALIFORNIA STREET, TORRANCE CA 90505
Joseph Edwin Ferguson director 5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
Joffe Selwyn director, officer: President, CEO & Chairman
Kamlesh Shah officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee officer: CFO 2929 CALIFORNIA STREET, TORRANCE CA 90503
Patricia W Warfield director 2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller director 7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Philip Gay director 6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Juliet Lynn Stone officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503