Colgate-Palmolive Co (Colgate-Palmolive Co) Cash And Cash Equivalents : $966 Mil (As of Dec. 2023)

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What is Colgate-Palmolive Co Cash And Cash Equivalents?

Colgate-Palmolive Co's quarterly cash and cash equivalents increased from Jun. 2023 ($819.00 Mil) to Sep. 2023 ($951.00 Mil) and increased from Sep. 2023 ($951.00 Mil) to Dec. 2023 ($966.00 Mil).

Colgate-Palmolive Co's annual cash and cash equivalents declined from Dec. 2021 ($832.00 Mil) to Dec. 2022 ($775.00 Mil) but then increased from Dec. 2022 ($775.00 Mil) to Dec. 2023 ($966.00 Mil).

Colgate-Palmolive Co Cash And Cash Equivalents Historical Data

The historical data trend for Colgate-Palmolive 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.

* Premium members only.

Colgate-Palmolive Co Cash And Cash Equivalents Chart

Colgate-Palmolive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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883.00

888.00

832.00

775.00

966.00

Colgate-Palmolive 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															775.00	867.00	819.00	951.00	966.00

Colgate-Palmolive 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.

Colgate-Palmolive Co (NYSE:CL) 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.

Colgate-Palmolive Co Cash And Cash Equivalents Related Terms

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Colgate-Palmolive Co (Colgate-Palmolive Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Colgate-Palmolive Co (NYSE:CL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CL:Mexico 1CL:Italy CPA:Germany CPA:Germany CPA:Germany CPA:Germany COLG34:Brazil COLG:Austria CL:Argentina

Address

300 Park Avenue, New York, NY, USA, 10022-7499

Website

https://www.colgatepalmolive.com

Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.

Executives

Jennifer Daniels	officer: CLO and Secretary	C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Panagiotis Tsourapas	officer: Pres., Colgate-Africa/Eurasia	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
John W Kooyman	officer: Chief Marketing Officer	300 PARK AVENUE, NEW YORK NY 10022
Lorrie M Norrington	director	C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Noel R. Wallace	officer: Pres.- Colgate No. America	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Gregory Malcolm	officer: Vice President and Controller	300 PARK AVENUE, NEW YORK NY 10022
Sally Massey	officer: Chief Human Resources Officer	300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey	director
Prabha Parameswaran	officer: Grp Pres, Glbl Innov. & AF/Eus	300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove	director
C Martin Harris	director
Steven A Cahillane	director	ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts	officer: Vice President and Controller	300 PARK AVENUE, NEW YORK NY 10022
Patricia Verduin	officer: Chief Technology Officer	ONE CONAGRA DRIVE, OMAHA NE 68102