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Tupperware Brands (Tupperware Brands) Property, Plant and Equipment : $173 Mil (As of Sep. 2023)


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What is Tupperware Brands Property, Plant and Equipment?

Tupperware Brands's quarterly net PPE declined from Mar. 2023 ($191 Mil) to Jun. 2023 ($188 Mil) and declined from Jun. 2023 ($188 Mil) to Sep. 2023 ($173 Mil).

Tupperware Brands's annual net PPE declined from Dec. 2020 ($280 Mil) to Dec. 2021 ($235 Mil) and declined from Dec. 2021 ($235 Mil) to Dec. 2022 ($206 Mil).


Tupperware Brands Property, Plant and Equipment Historical Data

The historical data trend for Tupperware Brands'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.

Tupperware Brands Property, Plant and Equipment Chart

Tupperware Brands Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.00 351.60 279.70 234.70 206.00

Tupperware Brands Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 219.80 206.00 191.20 187.70 173.00

Tupperware Brands 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.


Tupperware Brands  (NYSE:TUP) 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.


Tupperware Brands Property, Plant and Equipment Related Terms

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Tupperware Brands (Tupperware Brands) Business Description

Traded in Other Exchanges
Address
14901 South Orange Blossom Trail, Orlando, FL, USA, 32837
Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.
Executives
Lori H Bush director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Laurie Ann Goldman officer: President and CEO 3344 PEACHTREE ROAD, SUITE 1700, ATLANTA GA 30326
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Paul Aronzon director 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Brian J Fox officer: Chief Restructuring Officer C/O XERIUM TECHNOLOGIES, INC., 8537 SIX FORKS ROAD, SUITE 300, RALEIGH NC 27615
Richard Goudis director, officer: Executive Vice Chairman C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90067
Fernandez Calero Miguel Angel director, officer: Chief Executive Officer 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Mark S Burgess director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2410 PLEASANT VALLEY ROAD, YORK PA 17402
Ingen Jim Van officer: EVP Supply Chain C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Christopher D Oleary director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
James H Fordyce director
Pamela Jones Harbour director C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Tim Minges director C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837
Hector Lezama officer: Pres., Comm. Bus. Expansion C/O TUPPERWARE BRANDS CORPORATION, 14901 S ORANGE BLOSSOM TRAIL, ORLANDO FL 32837

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