Citizen Watch Co (Citizen Watch Co) Cash And Cash Equivalents : $500 Mil (As of Dec. 2023)

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What is Citizen Watch Co Cash And Cash Equivalents?

Citizen Watch Co's quarterly cash and cash equivalents declined from Jun. 2023 ($540.00 Mil) to Sep. 2023 ($534.22 Mil) but then stayed the same from Sep. 2023 ($534.22 Mil) to Dec. 2023 ($499.71 Mil).

Citizen Watch Co's annual cash and cash equivalents declined from Mar. 2021 ($936.68 Mil) to Mar. 2022 ($935.26 Mil) and declined from Mar. 2022 ($935.26 Mil) to Mar. 2023 ($617.14 Mil).

Citizen Watch Co Cash And Cash Equivalents Historical Data

The historical data trend for Citizen Watch Co'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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Citizen Watch Co Cash And Cash Equivalents Chart

Citizen Watch Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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781.64

744.59

936.68

935.26

617.14

Citizen Watch Co 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															725.84	617.14	540.00	534.22	499.71

Citizen Watch Co 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.

Citizen Watch Co (OTCPK:CHCLY) 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.

Citizen Watch Co Cash And Cash Equivalents Related Terms

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Citizen Watch Co (Citizen Watch Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Citizen Watch Co Ltd (OTCPK:CHCLY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

7762:Japan CTZ:Germany

Address

6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511

Website

https://www.citizen.co.jp

Citizen Watch Co Ltd primarily manufactures watches, machine tools, devices, and electronic products that it sells worldwide. Its watches and clocks segment contributes more than half of the company's revenue and includes brands such as Citizen, Bulova, xC, Q&Q, and Attesa. Machine Tools, which consists mostly of automatic lathes, and Devices, which consists largely of auto parts, switches, Chip LEDs, micro LCDs, and quartz crystals, each comprise roughly 15%-20% of total revenue. Electronic Products, which includes printers, health care equipment, and calculators, and Other Products collectively account for the remaining revenue. Japan and Asia (excluding Japan) each account for roughly a third of the company's total sales. Most of the remaining sales are from America and Europe.

Citizen Watch Co (Citizen Watch Co) Headlines

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