Perficient (Perficient) Cash And Cash Equivalents : $128.9 Mil (As of Dec. 2023)

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What is Perficient Cash And Cash Equivalents?

Perficient's quarterly cash and cash equivalents increased from Jun. 2023 ($60.47 Mil) to Sep. 2023 ($80.09 Mil) and increased from Sep. 2023 ($80.09 Mil) to Dec. 2023 ($128.89 Mil).

Perficient's annual cash and cash equivalents increased from Dec. 2021 ($24.41 Mil) to Dec. 2022 ($30.13 Mil) and increased from Dec. 2022 ($30.13 Mil) to Dec. 2023 ($128.89 Mil).

Perficient Cash And Cash Equivalents Historical Data

The historical data trend for Perficient's Cash And Cash Equivalents 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.

Perficient Cash And Cash Equivalents Chart

Perficient Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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70.73

83.20

24.41

30.13

128.89

Perficient Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															30.13	41.00	60.47	80.09	128.89

Perficient Cash And Cash Equivalents 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.

Perficient (NAS:PRFT) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Perficient Cash And Cash Equivalents Related Terms

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Perficient (Perficient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Perficient Inc (NAS:PRFT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PFS:Germany

Address

555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141

Website

https://www.perficient.com

Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.

Executives

Thomas J. Hogan	officer: Chief Operating Officer	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen	director	C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones	director	850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite	officer: SVP, Controller & PAO	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen	officer: Senior Vice President	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff	director	10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews	director	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson	director	1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly	director	ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis	officer: Chairman and CEO	ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin	officer: Chief Financial Officer	CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley	director	855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely	officer: Chief Operating Officer	520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682