Stock Analysis on Net
Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

This company has been moved to the archive! The financial data has not been updated since December 3, 2021.

Analysis of Property, Plant and Equipment

Microsoft Excel

Property, Plant and Equipment Disclosure

Autodesk Inc., balance sheet: property, plant and equipment

US$ in thousands

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Computer hardware, at cost 153,300 159,700 190,200 217,100 206,100 202,700
Computer software, at cost 57,900 64,000 66,700 72,600 73,500 85,600
Leasehold improvements, land and buildings, at cost 335,900 284,000 247,800 228,900 206,300 202,900
Furniture and equipment, at cost 88,400 69,000 67,200 63,400 58,200 59,000
Computer software, hardware, leasehold improvements, furniture, and equipment, at cost 635,500 576,700 571,900 582,000 544,100 550,200
Accumulated depreciation (442,700) (415,000) (422,200) (437,000) (385,500) (380,900)
Computer software, hardware, leasehold improvements, furniture, and equipment, net 192,800 161,700 149,700 145,000 158,600 169,300

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

Item Description The company
Computer software, hardware, leasehold improvements, furniture, and equipment, at cost 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. Autodesk Inc. computer software, hardware, leasehold improvements, furniture, and equipment, at cost increased from 2019 to 2020 and from 2020 to 2021.
Computer software, hardware, leasehold improvements, furniture, 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. Autodesk Inc. computer software, hardware, leasehold improvements, furniture, and equipment, net increased from 2019 to 2020 and from 2020 to 2021.

Asset Age Ratios (Summary)

Autodesk Inc., asset age ratios

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Average age ratio 69.66% 71.96% 73.82% 75.09% 70.85% 69.23%
Estimated total useful life (years) 12 11 10 9 7 9
Estimated age, time elapsed since purchase (years) 9 8 7 6 5 6
Estimated remaining life (years) 4 3 3 2 2 3

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

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. Autodesk Inc. average age ratio of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.
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. Autodesk Inc. estimated total useful life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.
Estimated time elapsed since purchase The approximate age in years of a company fixed assets. Useful for comparison purposes. Autodesk Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2019 to 2020 and from 2020 to 2021.
Estimated remaining life Autodesk Inc. estimated remaining life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.

Average Age

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Selected Financial Data (US$ in thousands)
Accumulated depreciation 442,700 415,000 422,200 437,000 385,500 380,900
Computer software, hardware, leasehold improvements, furniture, and equipment, at cost 635,500 576,700 571,900 582,000 544,100 550,200
Asset Age Ratio
Average age1 69.66% 71.96% 73.82% 75.09% 70.85% 69.23%

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

2021 Calculations

1 Average age = 100 × Accumulated depreciation ÷ Computer software, hardware, leasehold improvements, furniture, and equipment, at cost
= 100 × 442,700 ÷ 635,500 = 69.66%

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. Autodesk Inc. average age ratio of depreciable property, plant and equipment improved from 2019 to 2020 and from 2020 to 2021.

Estimated Total Useful Life

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Selected Financial Data (US$ in thousands)
Computer software, hardware, leasehold improvements, furniture, and equipment, at cost 635,500 576,700 571,900 582,000 544,100 550,200
Depreciation expense 51,400 51,000 59,200 67,600 73,100 60,600
Asset Age Ratio (Years)
Estimated total useful life1 12 11 10 9 7 9

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

2021 Calculations

1 Estimated total useful life = Computer software, hardware, leasehold improvements, furniture, and equipment, at cost ÷ Depreciation expense
= 635,500 ÷ 51,400 = 12

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. Autodesk Inc. estimated total useful life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.

Estimated Age, Time Elapsed since Purchase

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Selected Financial Data (US$ in thousands)
Accumulated depreciation 442,700 415,000 422,200 437,000 385,500 380,900
Depreciation expense 51,400 51,000 59,200 67,600 73,100 60,600
Asset Age Ratio (Years)
Time elapsed since purchase1 9 8 7 6 5 6

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

2021 Calculations

1 Time elapsed since purchase = Accumulated depreciation ÷ Depreciation expense
= 442,700 ÷ 51,400 = 9

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. Autodesk Inc. estimated time elapsed since purchase of depreciable property, plant and equipment deteriorated from 2019 to 2020 and from 2020 to 2021.

Estimated Remaining Life

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Selected Financial Data (US$ in thousands)
Computer software, hardware, leasehold improvements, furniture, and equipment, net 192,800 161,700 149,700 145,000 158,600 169,300
Depreciation expense 51,400 51,000 59,200 67,600 73,100 60,600
Asset Age Ratio (Years)
Estimated remaining life1 4 3 3 2 2 3

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

2021 Calculations

1 Estimated remaining life = Computer software, hardware, leasehold improvements, furniture, and equipment, net ÷ Depreciation expense
= 192,800 ÷ 51,400 = 4

Asset age ratio Description The company
Estimated remaining life Autodesk Inc. estimated remaining life of depreciable property, plant and equipment increased from 2019 to 2020 and from 2020 to 2021.