Davi Luxury Brand Group (Davi Luxury Brand Group) Cash And Cash Equivalents : $0.43 Mil (As of Mar. 2014)

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What is Davi Luxury Brand Group Cash And Cash Equivalents?

Davi Luxury Brand Group's quarterly cash and cash equivalents declined from Sep. 2013 ($0.65 Mil) to Dec. 2013 ($0.53 Mil) but then stayed the same from Dec. 2013 ($0.53 Mil) to Mar. 2014 ($0.43 Mil).

Davi Luxury Brand Group's annual cash and cash equivalents increased from Sep. 2011 ($0.12 Mil) to Sep. 2012 ($0.35 Mil) and increased from Sep. 2012 ($0.35 Mil) to Sep. 2013 ($0.65 Mil).

Davi Luxury Brand Group Cash And Cash Equivalents Historical Data

The historical data trend for Davi Luxury Brand Group'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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Davi Luxury Brand Group Cash And Cash Equivalents Chart

Davi Luxury Brand Group Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Cash And Cash Equivalents

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0.12

0.35

0.65

Davi Luxury Brand Group Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.41	0.70	0.65	0.53	0.43

Davi Luxury Brand Group 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.

Davi Luxury Brand Group (OTCPK:MDAV) 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.

Davi Luxury Brand Group Cash And Cash Equivalents Related Terms

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Davi Luxury Brand Group (Davi Luxury Brand Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davi Luxury Brand Group Inc (OTCPK:MDAV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

9426 Dayton Way, Beverly Hills, CA, USA, 90210

Website

http://www.daviskin.com

Davi Luxury Brand Group Inc is a skin care (cosmetics) company that offers a grape-vineyard, botanical based skin care products marketed under the Company's 'DAVI', 'DAVI NAPA' and 'DAVI SKIN' brand names. All of its products are, or will be sold 'over the counter.' Through licensing and other arrangements, its products are available in high-end retail stores in Asia, luxury hotels worldwide, and in-flight and duty-free shops of a global luxury airline. The Company's products compete against similar, branded products of many large and small companies.

Davi Luxury Brand Group (Davi Luxury Brand Group) Headlines

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