Tessco Technologies (TESS)

22.63 +0.54  +2.44%  May 21, 8:00PM
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Tessco Technologies Net PP&E:

23.35M for Dec. 31, 2012
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Tessco Technologies Net PP&E Chart

    Tessco Technologies Historical Net PP&E Data

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    Data for this Date Range  
    Dec. 31, 2012 23.35M
    Sept. 30, 2012 23.00M
    June 30, 2012 22.14M
    March 31, 2012 22.91M
    Dec. 31, 2011 22.61M
    Sept. 30, 2011 21.31M
    June 30, 2011 20.39M
    March 31, 2011 21.15M
    Dec. 31, 2010 21.76M
    Sept. 30, 2010 21.39M
    June 30, 2010 20.91M
    March 31, 2010 20.68M
    Dec. 31, 2009 20.92M
    Sept. 30, 2009 20.53M
    June 30, 2009 20.83M
    March 31, 2009 21.57M
    Dec. 31, 2008 21.66M
    Sept. 30, 2008 21.44M
    June 30, 2008 21.54M
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    About Net PP&E

    Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

    For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

    Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

    $1,050,000 - $105,000 = $945,000

    As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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    TESS Net PP&E Benchmarks

    Companies
    VOXX International 50.04M
    Richardson Electronics 4.731M
    Universal Power Group 0.468M

    TESS Net PP&E Rankings

    Overall 60th percentile
    3163 of 8002
    Sector 54th percentile
    432 of 954 in Technology
    Industry 57th percentile
    8 of 19 in Electronics Distribution

    TESS Net PP&E Range, Past 5 Years

    Minimum 20.39M Jun 2011
    Maximum 23.35M Dec 2012
    Average 21.58M