PACCAR (PACCAR) Cash, Cash Equivalents, Marketable Securities : $9,004 Mil (As of Dec. 2023)

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What is PACCAR Cash, Cash Equivalents, Marketable Securities?

PACCAR's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($6,836.40 Mil) to Sep. 2023 ($7,649.40 Mil) and increased from Sep. 2023 ($7,649.40 Mil) to Dec. 2023 ($9,004.30 Mil).

PACCAR's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($4,987.70 Mil) to Dec. 2022 ($6,305.10 Mil) and increased from Dec. 2022 ($6,305.10 Mil) to Dec. 2023 ($9,004.30 Mil).

PACCAR Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for PACCAR's Cash, Cash Equivalents, Marketable Securities 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.

PACCAR Cash, Cash Equivalents, Marketable Securities Chart

PACCAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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5,337.20

4,968.60

4,987.70

6,305.10

9,004.30

PACCAR Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															6,305.10	6,049.00	6,836.40	7,649.40	9,004.30

PACCAR Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

PACCAR (NAS:PCAR) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

PACCAR Cash, Cash Equivalents, Marketable Securities Related Terms

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PACCAR (PACCAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (NAS:PCAR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

PAE:Germany PAE:Germany PAE:Germany P1AC34:Brazil PCAR:Austria

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

Executives

Todd R Hubbard	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski	officer: Vice President & Controller	777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley	officer: VICE PRESIDENT/CONTROLLER	777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp	director	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit	director	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott	director, officer: CHAIRMAN & CEO
C Michael Dozier	officer: VICE PRESIDENT	777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier	officer: Vice President	777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath	director	777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy	director	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich	officer: V.P. & CHIEF TECH. OFFICER	777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton	officer: VICE PRESIDENT/GENERAL COUNSEL	777 106TH AVENUE NE, BELLEVUE WA 98004