Property, Plant and Equipment Disclosure
Asset Age Ratios (Summary)
Average Age
Estimated Total Useful Life
Estimated Age, Time Elapsed Since Purchase
Estimated Remaining Life

Super Micro Computer Inc., balance sheet: property, plant and equipment

US$ in thousands

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Land	150,137)	86,642)	84,616)	76,421)	75,251)	74,926)
Buildings	163,764)	143,496)	143,509)	86,930)	86,930)	86,136)
Machinery and equipment	156,496)	130,151)	113,665)	97,671)	85,381)	79,946)
Building and leasehold improvements	72,075)	59,634)	45,169)	26,640)	24,517)	22,307)
Furniture and fixtures	46,241)	36,303)	43,282)	22,843)	21,544)	20,193)
Software	24,363)	23,098)	23,186)	22,592)	20,597)	18,415)
Buildings construction in progress	14,828)	303)	303)	87,438)	46,311)	14,189)
Property, plant and equipment, gross	627,904)	479,627)	453,730)	420,535)	360,531)	316,112)
Accumulated depreciation and amortization	(213,896)	(189,387)	(167,758)	(145,822)	(126,746)	(108,775)
Property, plant and equipment, net	414,008)	290,240)	285,972)	274,713)	233,785)	207,337)

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

Download chart

Item	Description	The company
Property, plant and equipment, gross	Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Super Micro Computer Inc. property, plant and equipment, gross increased from 2022 to 2023 and from 2023 to 2024.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Super Micro Computer Inc. property, plant and equipment, net increased from 2022 to 2023 and from 2023 to 2024.

Super Micro Computer Inc., asset age ratios

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Average age ratio	44.77%	48.19%	45.45%	42.38%	44.43%	45.10%
Estimated total useful life (years)	16	15	15	—	—	—
Estimated age, time elapsed since purchase (years)	7	7	7	—	—	—
Estimated remaining life (years)	9	8	8	—	—	—

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

Download chart

Asset age ratio	Description	The company
Average age ratio	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Super Micro Computer Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Super Micro Computer Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Super Micro Computer Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 and from 2023 to 2024.
Estimated remaining life		Super Micro Computer Inc. estimated remaining life of depreciable property, plant and equipment decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Selected Financial Data (US$ in thousands)
Accumulated depreciation and amortization	213,896)	189,387)	167,758)	145,822)	126,746)	108,775)
Property, plant and equipment, gross	627,904)	479,627)	453,730)	420,535)	360,531)	316,112)
Land	150,137)	86,642)	84,616)	76,421)	75,251)	74,926)
Asset Age Ratio
Average age¹	44.77%	48.19%	45.45%	42.38%	44.43%	45.10%

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

2024 Calculations

¹ Average age = 100 × Accumulated depreciation and amortization ÷ (Property, plant and equipment, gross – Land)
= 100 × 213,896 ÷ (627,904 – 150,137) = 44.77%

Download chart

Asset age ratio	Description	The company
Average age	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	Super Micro Computer Inc. average age ratio of depreciable property, plant and equipment deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level.

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Selected Financial Data (US$ in thousands)
Property, plant and equipment, gross	627,904)	479,627)	453,730)	420,535)	360,531)	316,112)
Land	150,137)	86,642)	84,616)	76,421)	75,251)	74,926)
Depreciation and amortization expense	30,100)	26,900)	24,800)	—)	—)	—)
Asset Age Ratio (Years)
Estimated total useful life¹	16	15	15	—	—	—

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

2024 Calculations

¹ Estimated total useful life = (Property, plant and equipment, gross – Land) ÷ Depreciation and amortization expense
= (627,904 – 150,137) ÷ 30,100 = 16

Download chart

Asset age ratio	Description	The company
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	Super Micro Computer Inc. estimated total useful life of depreciable property, plant and equipment decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Selected Financial Data (US$ in thousands)
Accumulated depreciation and amortization	213,896)	189,387)	167,758)	145,822)	126,746)	108,775)
Depreciation and amortization expense	30,100)	26,900)	24,800)	—)	—)	—)
Asset Age Ratio (Years)
Time elapsed since purchase¹	7	7	7	—	—	—

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

2024 Calculations

¹ Time elapsed since purchase = Accumulated depreciation and amortization ÷ Depreciation and amortization expense
= 213,896 ÷ 30,100 = 7

Download chart

Asset age ratio	Description	The company
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	Super Micro Computer Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2022 to 2023 and from 2023 to 2024.

	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019
Selected Financial Data (US$ in thousands)
Property, plant and equipment, net	414,008)	290,240)	285,972)	274,713)	233,785)	207,337)
Land	150,137)	86,642)	84,616)	76,421)	75,251)	74,926)
Depreciation and amortization expense	30,100)	26,900)	24,800)	—)	—)	—)
Asset Age Ratio (Years)
Estimated remaining life¹	9	8	8	—	—	—

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

2024 Calculations

¹ Estimated remaining life = (Property, plant and equipment, net – Land) ÷ Depreciation and amortization expense
= (414,008 – 150,137) ÷ 30,100 = 9

Download chart

Asset age ratio	Description	The company
Estimated remaining life		Super Micro Computer Inc. estimated remaining life of depreciable property, plant and equipment decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Super Micro Computer Inc. (NASDAQ:SMCI)

Analysis of Property, Plant and Equipment

Property, Plant and Equipment Disclosure

Asset Age Ratios (Summary)

Average Age

Estimated Total Useful Life

Estimated Age, Time Elapsed since Purchase

Estimated Remaining Life