Birkenstock Holding (FRA:7PV) Cash And Cash Equivalents : €176 Mil (As of Mar. 2024)

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What is Birkenstock Holding Cash And Cash Equivalents?

Birkenstock Holding's quarterly cash and cash equivalents declined from Sep. 2023 (€344.41 Mil) to Dec. 2023 (€169.38 Mil) but then increased from Dec. 2023 (€169.38 Mil) to Mar. 2024 (€175.73 Mil).

Birkenstock Holding's annual cash and cash equivalents increased from Sep. 2021 (€235.34 Mil) to Sep. 2022 (€307.08 Mil) and increased from Sep. 2022 (€307.08 Mil) to Sep. 2023 (€344.41 Mil).

Birkenstock Holding Cash And Cash Equivalents Historical Data

The historical data trend for Birkenstock Holding'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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Birkenstock Holding Cash And Cash Equivalents Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

96.18

235.34

307.08

344.41

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						171.66	289.61	344.41	169.38	175.73

Birkenstock Holding 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.

Birkenstock Holding (FRA:7PV) 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.

Birkenstock Holding Cash And Cash Equivalents Related Terms

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Birkenstock Holding (FRA:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (FRA:7PV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (FRA:7PV) Headlines

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