Pick N Pay Stores (JSE:PIK) Marketable Securities : R0 Mil (As of Feb. 2024)

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What is Pick N Pay Stores Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Pick N Pay Stores's Marketable Securities for the quarter that ended in Feb. 2024 was R0 Mil.

Pick N Pay Stores Marketable Securities Historical Data

The historical data trend for Pick N Pay Stores's 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.

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Pick N Pay Stores Marketable Securities Chart

Pick N Pay Stores Annual Data

Trend

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Marketable Securities

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Pick N Pay Stores Semi-Annual Data
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Pick N Pay Stores Marketable Securities Calculation

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

Pick N Pay Stores (JSE:PIK) 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.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Pick N Pay Stores Marketable Securities Related Terms

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Pick N Pay Stores (JSE:PIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pick N Pay Stores Ltd (JSE:PIK) » Definitions » Marketable Securities

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Traded in Other Exchanges

PIK:Germany

Address

101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708

Website

https://www.pnp.co.za

Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.