Bosideng International Holdings (Bosideng International Holdings) Cash And Cash Equivalents : $502 Mil (As of Sep. 2023)

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What is Bosideng International Holdings Cash And Cash Equivalents?

Bosideng International Holdings's quarterly cash and cash equivalents increased from Sep. 2022 ($251.71 Mil) to Mar. 2023 ($539.58 Mil) but then stayed the same from Mar. 2023 ($539.58 Mil) to Sep. 2023 ($502.35 Mil).

Bosideng International Holdings's annual cash and cash equivalents increased from Mar. 2021 ($272.06 Mil) to Mar. 2022 ($394.44 Mil) and increased from Mar. 2022 ($394.44 Mil) to Mar. 2023 ($539.58 Mil).

Bosideng International Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Bosideng International Holdings'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.

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Bosideng International Holdings Cash And Cash Equivalents Chart

Bosideng International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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261.37

518.29

272.06

394.44

539.58

Bosideng International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															293.57	394.44	251.71	539.58	502.35

Bosideng International Holdings 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.

Bosideng International Holdings (OTCPK:BSDGY) 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.

Bosideng International Holdings Cash And Cash Equivalents Related Terms

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Bosideng International Holdings (Bosideng International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bosideng International Holdings Ltd (OTCPK:BSDGY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

BSDGF:USA 03998:Hong Kong 3BD:Germany

Address

99 Queen’s Road Central, Unit 5709, 57th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.bosideng.com

Bosideng International Holdings Ltd is an integrated clothing group in China. It mainly engaged in design, manufacture and sales of down apparel products including research, raw materials procurement, outsourced manufacturing, marketing and distribution of branded down apparel products, original equipment manufacturing products and non-down apparel products. The group operates its business in four segments namely Down apparels, OEM management, Ladieswear apparels, and Diversified apparels. It generates a majority of revenue from the Down apparels segment which carries on the business of sourcing and distributing branded down apparels. The group's down apparel brands include Bosideng, Snow Flying, and Bengen, among others.

Bosideng International Holdings (Bosideng International Holdings) Headlines

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Bosideng International Holdings Ltd's Dividend Analysis

By GuruFocus Research • 12-15-2023