AVX (AVX) Cash And Cash Equivalents : $363 Mil (As of Dec. 2019)

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What is AVX Cash And Cash Equivalents?

AVX's quarterly cash and cash equivalents increased from Jun. 2019 ($307.47 Mil) to Sep. 2019 ($396.83 Mil) but then stayed the same from Sep. 2019 ($396.83 Mil) to Dec. 2019 ($362.79 Mil).

AVX's annual cash and cash equivalents declined from Mar. 2017 ($578.63 Mil) to Mar. 2018 ($547.42 Mil) and declined from Mar. 2018 ($547.42 Mil) to Mar. 2019 ($378.46 Mil).

AVX Cash And Cash Equivalents Historical Data

The historical data trend for AVX'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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AVX Cash And Cash Equivalents Chart

AVX Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Cash And Cash Equivalents

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381.61

454.21

578.63

547.42

378.46

AVX Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash And Cash Equivalents	Get a 7-Day Free Trial															354.22	378.46	307.47	396.83	362.79

AVX 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.

AVX (NYSE:AVX) 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.

AVX Cash And Cash Equivalents Related Terms

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AVX (AVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AVX Corp (NYSE:AVX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 AVX Boulevard, Fountain Inn, SC, USA, 29644

Website

https://www.avx.com

AVX Corp is a manufacturer and supplier of electronic components to original-equipment manufacturers, distributors, and electronic manufacturing service providers. The firm operates in three segments: Electronic components, which sells ceramic and tantalum capacitors, film capacitors, and filters; Electronic Devices, which sells ceramic capacitors, sensor products, actuators, and connectors produced by Kyocera, a majority shareholder, and resold by AVX; and Interconnect, which sells Interconnect automotive, telecom, and memory connectors. A majority of the firm's revenue is generated in Asia, and rest in the Americas and Europe.

Executives

Benedict P Rosen

director

28601 CLEMENS RD, WESTLAKE OH 44145