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Duluth Holdings (Duluth Holdings) Property, Plant and Equipment : $294.5 Mil (As of Jan. 2024)


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What is Duluth Holdings Property, Plant and Equipment?

Duluth Holdings's quarterly net PPE increased from Jul. 2023 ($297.8 Mil) to Oct. 2023 ($304.1 Mil) but then declined from Oct. 2023 ($304.1 Mil) to Jan. 2024 ($294.5 Mil).

Duluth Holdings's annual net PPE increased from Jan. 2022 ($281.1 Mil) to Jan. 2023 ($291.5 Mil) and increased from Jan. 2023 ($291.5 Mil) to Jan. 2024 ($294.5 Mil).


Duluth Holdings Property, Plant and Equipment Historical Data

The historical data trend for Duluth Holdings'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.

Duluth Holdings Property, Plant and Equipment Chart

Duluth Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 304.18 295.20 281.12 291.52 294.46

Duluth Holdings 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 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 291.52 297.72 297.84 304.08 294.46

Duluth Holdings 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.


Duluth Holdings  (NAS:DLTH) 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.


Duluth Holdings Property, Plant and Equipment Related Terms

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Duluth Holdings (Duluth Holdings) Business Description

Traded in Other Exchanges
N/A
Address
201 East Front Street, Mount Horeb, WI, USA, 53572
Duluth Holdings Inc is an apparel brand in the United States. The company offers shirts, pants, and casual wear for men and women under brands like Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank and Wild Boar Mocs. It operates in a single operating segment.
Executives
Jennifer A Hannon 10 percent owner ONE E MAIN STREET, UNIT 500, MADISON WI 53703
Janet H Kennedy director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Ronald Robinson director 201 E. FRONT STREET, MT. HOREB WI 53572
Brett Lee Paschke director 150 N RIVERSIDE, WILLIAM BLAIR & COMPANY, CHICAGO IL 60606
Albert J. Sutera officer: SVP, CTO & Logistics 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Susan J Riley director
Neala Shepherd officer: SVP, Customer Experience 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Stephen L. Schlecht director, 10 percent owner, officer: Executive Chairman 5348 COUNTY ROAD M, WAUNAKEE WI 53597
Samuel M Sato officer: President & CEO 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
David Homolka officer: SVP HR,Retail&Call Center Oper 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Richard W Schlecht officer: SVPProd Dev,Vis.Merch&Creative 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Christopher Teufel officer: SVP IT and Supply Chain 201 EAST FRONT STREET, MOUNT HOREB WI 53572
David Loretta officer: SVP and CFO C/O NORDSTROM, INC., 1700 SEVENTH AVENUE, SEATTLE WA 98101
Michael John Murphy officer: V.P., Chief Accounting Officer 401 CHARMANY DRIVE, MADISON WI 53719