QXO (QXO) Cash And Cash Equivalents : $5,081.67 Mil (As of Mar. 2025)

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What is QXO Cash And Cash Equivalents?

QXO's quarterly cash and cash equivalents increased from Sep. 2024 ($5,037.11 Mil) to Dec. 2024 ($5,068.50 Mil) and increased from Dec. 2024 ($5,068.50 Mil) to Mar. 2025 ($5,081.67 Mil).

QXO's annual cash and cash equivalents declined from Dec. 2022 ($8.01 Mil) to Dec. 2023 ($6.14 Mil) but then increased from Dec. 2023 ($6.14 Mil) to Dec. 2024 ($5,068.50 Mil).

QXO Cash And Cash Equivalents Historical Data

The historical data trend for QXO'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.

QXO Cash And Cash Equivalents Chart

QXO Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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6.60

6.81

8.01

6.14

5,068.50

QXO Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.28	971.28	5,037.11	5,068.50	5,081.67

QXO 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.

QXO (NYSE:QXO) 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.

QXO Cash And Cash Equivalents Related Terms

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QXO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QXO Inc (NYSE:QXO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.qxo.com

QXO Inc provides technology solutions, primarily to clients in the manufacturing, distribution, and service sectors. It provides consulting and professional services, specialized programming, training, and technical support. It also offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence, and other applications.

Executives

Mark Meller	director, 10 percent owner, officer: President and CEO	C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Stanley Wunderlich	director
John D. Schachtel	director	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso	director
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth	10 percent owner	202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye	officer: Chief Financial Officer	120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin	officer: Chief Financial Officer	5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy	director	C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Jerome R Mahoney	director, 10 percent owner, officer: President, Secretary and CEO	C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747