DSV AS (OCSE:DSV) Cash And Cash Equivalents : kr6,514 Mil (As of Mar. 2024)

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What is DSV AS Cash And Cash Equivalents?

DSV AS's quarterly cash and cash equivalents declined from Sep. 2023 (kr8,596.00 Mil) to Dec. 2023 (kr4,534.00 Mil) but then increased from Dec. 2023 (kr4,534.00 Mil) to Mar. 2024 (kr6,514.00 Mil).

DSV AS's annual cash and cash equivalents increased from Dec. 2021 (kr8,299.00 Mil) to Dec. 2022 (kr8,383.00 Mil) but then declined from Dec. 2022 (kr8,383.00 Mil) to Dec. 2023 (kr4,534.00 Mil).

DSV AS Cash And Cash Equivalents Historical Data

The historical data trend for DSV AS'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.

DSV AS Cash And Cash Equivalents Chart

DSV AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,043.00

4,060.00

8,299.00

8,383.00

4,534.00

DSV AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															11,682.00	9,853.00	8,596.00	4,534.00	6,514.00

DSV AS 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.

DSV AS (OCSE:DSV) 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.

DSV AS Cash And Cash Equivalents Related Terms

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DSV AS (OCSE:DSV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DSV AS (OCSE:DSV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

DSDVY:USA DSDVF:USA 0JN9:Mexico DSVc:UK 0JN9:UK DS81:Germany

Address

Hovedgaden 630, Hedehusene, DNK, 2640

Website

https://www.dsv.com

DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.

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