Sale Of Property Plant Equipment (Historical)
Returns the cash proceeds from the sale of property, plant, and equipment (PP&E) for a company. This is an investing activity that generates cash from disposing of fixed assets.
Understanding the Metric
This line item represents:
- Cash received from selling buildings, land, machinery
- Proceeds from equipment disposals
- Asset sales as part of restructuring or optimization
Positive values indicate cash received from asset sales. Zero or small values are common for companies not actively divesting assets.
Parameters
| Parameter | Description |
|---|---|
| Symbol | Stock ticker (e.g., AAPL, MSFT) |
| Year | Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1) |
| Quarter | Optional: 1, 2, 3, or 4 (default: 1) |
| TTM | Optional: "TTM" for trailing twelve months |
Period Codes
| Code | Meaning |
|---|---|
| lq | Last reported quarter |
| lq-1 | Quarter before last |
| ly | Last fiscal year |
| ly-1 | Year before last |
| lt | Last trailing twelve months |
| lt-1 | Prior trailing twelve months |
Syntax
=hf_Sale_of_property_plant_equipment(Symbol, Year, [Quarter], [TTM])Parameters
Stock ticker symbol
Fiscal year (e.g., 2023) or period code (lq, lq-1, ly, ly-1, lt, lt-1)
Calendar quarter (1-4)
Set to 'TTM' for trailing twelve months
Returns
Proceeds from sale of property, plant and equipment (in currency units)
Examples
=hf_Sale_of_property_plant_equipment("GE", 2023, 4)=hf_Sale_of_property_plant_equipment("MSFT", "ly")=hf_Sale_of_property_plant_equipment("CAT", 2023, , "TTM")=hf_Sale_of_property_plant_equipment(A1, B1, C1)=hf_Sale_of_property_plant_equipment("BA", "lq")When to Use
- Analyzing asset restructuring activities
- Understanding investing cash flow components
- Evaluating asset turnover strategies
- Calculating net capital expenditures
- Assessing divestiture programs
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need capital expenditures | hf_Capital_Expenditures() |
| Need net PP&E balance | hf_Property_Plant_Equipment() |
| Need investment sales | hf_Sale_of_long_term_investments() |
| Need total investing cash flow | Combine all investing activities |
Common Issues & FAQ
Why is this value often zero?
Many companies don't actively sell PP&E in a given period. Large values typically occur during restructuring, downsizing, or strategic asset disposals.
Does this include gains on sale?
This shows the cash proceeds, not the gain/loss. The gain or loss (proceeds minus book value) appears on the income statement.
How does this relate to net capital expenditures?
Net CapEx = Capital Expenditures - Sale of PP&E. This gives a clearer picture of net investment in fixed assets.
Related Formulas
More MarketXLS Historical Fundamentals formulas you can use in the same worksheet:
- Sales Indicator (Historical)
- Sales Per Dollar Inventory (Historical)
- Sales Per Dollar Receivables (Historical)
- Sales Per Employee (Historical)
- Sales Per Share (Historical)
- Selling, General & Administrative Expense (Historical)
- SG&A Expense As Percentage Of Revenue (Historical)
- Share Based Compensation (Historical)
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