Convergys (Convergys) Cash And Cash Equivalents : $52 Mil (As of Jun. 2018)

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What is Convergys Cash And Cash Equivalents?

Convergys's quarterly cash and cash equivalents declined from Dec. 2017 ($193.70 Mil) to Mar. 2018 ($186.30 Mil) but then stayed the same from Mar. 2018 ($186.30 Mil) to Jun. 2018 ($51.50 Mil).

Convergys's annual cash and cash equivalents declined from Dec. 2015 ($204.70 Mil) to Dec. 2016 ($138.80 Mil) but then increased from Dec. 2016 ($138.80 Mil) to Dec. 2017 ($193.70 Mil).

Convergys Cash And Cash Equivalents Historical Data

The historical data trend for Convergys'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.

Convergys Cash And Cash Equivalents Chart

Convergys Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash And Cash Equivalents

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580.80

198.90

204.70

138.80

193.70

Convergys Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Cash And Cash Equivalents	Get a 7-Day Free Trial															162.70	167.80	193.70	186.30	51.50

Convergys 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.

Convergys (NYSE:CVG) 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.

Convergys Cash And Cash Equivalents Related Terms

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Convergys (Convergys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Convergys Corp (NYSE:CVG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.convergys.com

Convergys is an operator of contact centers offering customer-management services. The services include sales, customer services, technical support, customer retention, collection services, and analytics. Convergys provides its services to a wide range of industries, such as utilities, travel and hospitality, automotive, communications and media, technology, financial services, healthcare, retail, and insurance. The revenue stream is North America, and the company relies on just a few contracts for a large part of its sales.

Executives

Andrea J. Ayers	director, officer: President & CEO	STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Thomas L Monahan	director	2000 PENNSYLVANIA AVE NW, WASHINGTON DC 20006
Joan E Herman	director
Jeffrey H Fox	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Ronald L Nelson	director
Knowling Robert E Jr	director	C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304
Cheryl K Beebe	director	CORN PRODUCTS INTERNATIONAL INC, 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Marjorie Mary Connelly	officer: COO	2580 PALMER DR, KESWICK VA 22947
Richard F Wallman	director	HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
John F Barrett	director
Brian James Delaney	officer: Chief Operating Officer	C/O SERVICESOURCE INTERNATIONAL, INC., 760 MARKET STREET, #400, SAN FRANCISCO CA 94102
Barry Christine Timmins	officer: Senior Vice President	C/O ENDURANCE INTERNATIONAL GROUP 10 CORPORATE DRIVE BURLINGTON MA 01803
Philip A Odeen	director	N/A, N/A OH 45202
Earl C Shanks	officer: CFO	CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Robert A Lento	officer: Senior Vice President