Culp (STU:CUZ) Cash And Cash Equivalents : €12.4 Mil (As of Jul. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Culp Cash And Cash Equivalents?

Culp's quarterly cash and cash equivalents declined from Jan. 2024 (€11.55 Mil) to Apr. 2024 (€9.33 Mil) but then increased from Apr. 2024 (€9.33 Mil) to Jul. 2024 (€12.42 Mil).

Culp's annual cash and cash equivalents increased from Apr. 2022 (€13.47 Mil) to Apr. 2023 (€19.12 Mil) but then declined from Apr. 2023 (€19.12 Mil) to Apr. 2024 (€9.33 Mil).

Culp Cash And Cash Equivalents Historical Data

The historical data trend for Culp'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.

Culp Cash And Cash Equivalents Chart

Culp Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash And Cash Equivalents

Get a 7-Day Free Trial

64.21

30.94

13.47

19.12

9.33

Culp Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash And Cash Equivalents	Get a 7-Day Free Trial															15.20	14.41	11.55	9.33	12.42

Culp 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.

Culp (STU:CUZ) 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.

Culp Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Culp's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Culp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Culp Inc (STU:CUZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CULP:USA

Address

1823 Eastchester Drive, High Point, NC, USA, 27265

Website

https://www.culp.com

Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics which generates maximum revenue, and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential, commercial, and hospitality furniture and also provides window treatment products and installation services for its customers in the hospitality and commercial industries. Geographically, it derives key revenue from the United States of America.