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Dropbox (Dropbox) Property, Plant and Equipment : $493 Mil (As of Dec. 2023)


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What is Dropbox Property, Plant and Equipment?

Dropbox's quarterly net PPE increased from Jun. 2023 ($537 Mil) to Sep. 2023 ($543 Mil) but then declined from Sep. 2023 ($543 Mil) to Dec. 2023 ($493 Mil).

Dropbox's annual net PPE declined from Dec. 2021 ($736 Mil) to Dec. 2022 ($569 Mil) and declined from Dec. 2022 ($569 Mil) to Dec. 2023 ($493 Mil).


Dropbox Property, Plant and Equipment Historical Data

The historical data trend for Dropbox'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.

* Premium members only.

Dropbox Property, Plant and Equipment Chart

Dropbox Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only 1,103.20 809.20 735.90 569.00 493.00

Dropbox Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 569.00 555.40 537.40 543.30 493.00

Dropbox Property, Plant and Equipment Calculation

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:


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.


Dropbox  (NAS:DBX) 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.


Dropbox Property, Plant and Equipment Related Terms

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Dropbox (Dropbox) Business Description

Industry
Address
1800 Owens Street, San Francisco, CA, USA, 94158
Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.
Executives
Bart Volkmer officer: General Counsel 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Regan officer: Chief Accounting Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Andrew Houston director, 10 percent owner, officer: Chief Executive Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Karen Peacock director C/O DROPBOX, INC., 1800 OWENS STREET, SUITE 200, SAN FRANCISCO CA 94158
Lisa M Campbell director C/O DOLBY LABORATORIES INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Timothy H. Young officer: Sr Vice President and GM, Core C/O DROPBOX, INC., 1800 OWENS STREET, SUITE 200, SAN FRANCISCO CA 94158
Abhay Parasnis director 345 PARK AVENUE, SAN JOSE CA 95110
Sara Mathew director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Mylod Robert J Jr director
Michael Seibel director C/O DROPBOX, INC., 1800 OWENS STREET, SAN FRANCISCO CA 94158
Ajay Vashee officer: Chief Financial Officer 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Donald W Blair director ONE RIVERFRONT PLAZA, CORNING NY 14831
Arash Ferdowsi director, 10 percent owner, officer: Co-Founder 111 PINE STREET, SAN FRANCISCO CA 94111
Olivia Nottebohm officer: Chief Operating Officer C/O DROPBOX. INC., 1800 OWENS STREET, SAN FRANCISCO CA 94158
Quentin Clark officer: See Remarks 333 BRANNAN STREET, SAN FRANCISCO CA 94107