PSC Insurance Group (ASX:PSI) Marketable Securities : A$268.0 Mil (As of Dec. 2023)

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What is PSC Insurance Group Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. PSC Insurance Group's Marketable Securities for the quarter that ended in Dec. 2023 was A$268.0 Mil.

PSC Insurance Group's annual Marketable Securities declined from Jun. 2021 (A$0.9 Mil) to Jun. 2022 (A$0.8 Mil) but then increased from Jun. 2022 (A$0.8 Mil) to Jun. 2023 (A$2.4 Mil).

PSC Insurance Group Marketable Securities Historical Data

The historical data trend for PSC Insurance Group'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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PSC Insurance Group Marketable Securities Chart

PSC Insurance Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Marketable Securities

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0.05

0.06

0.95

0.76

2.42

PSC Insurance Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Marketable Securities	Get a 7-Day Free Trial												250.89	0.76	248.98	2.42	268.01

PSC Insurance Group Marketable Securities Calculation

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

PSC Insurance Group (ASX:PSI) 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".

PSC Insurance Group Marketable Securities Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PSC Insurance Group Ltd (ASX:PSI) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.