Synlait Milk (ASX:SM1) Marketable Securities : A$0 Mil (As of Jan. 2024)

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What is Synlait Milk Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Synlait Milk's Marketable Securities for the quarter that ended in Jan. 2024 was A$0 Mil.

Synlait Milk Marketable Securities Historical Data

The historical data trend for Synlait Milk'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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Synlait Milk Marketable Securities Chart

Synlait Milk Annual Data

Trend

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Marketable Securities

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Synlait Milk Semi-Annual Data
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Synlait Milk Marketable Securities Calculation

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

Synlait Milk (ASX:SM1) 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".

Synlait Milk Marketable Securities Related Terms

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Synlait Milk (ASX:SM1) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Synlait Milk Ltd (ASX:SM1) » Definitions » Marketable Securities

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SML:New Zealand

Address

1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783

Website

https://www.synlait.com

Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.

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