Dapai International Holdings Co (SGX:FP1) Cash And Cash Equivalents : S$1.96 Mil (As of Jun. 2017)

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What is Dapai International Holdings Co Cash And Cash Equivalents?

Dapai International Holdings Co's quarterly cash and cash equivalents declined from Dec. 2016 (S$3.33 Mil) to Mar. 2017 (S$2.42 Mil) but then stayed the same from Mar. 2017 (S$2.42 Mil) to Jun. 2017 (S$1.96 Mil).

Dapai International Holdings Co's annual cash and cash equivalents declined from Dec. 2014 (S$7.19 Mil) to Dec. 2015 (S$1.35 Mil) but then increased from Dec. 2015 (S$1.35 Mil) to Dec. 2016 (S$3.33 Mil).

Dapai International Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Dapai International Holdings Co'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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Dapai International Holdings Co Cash And Cash Equivalents Chart

Dapai International Holdings Co Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash And Cash Equivalents

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12.31

3.16

7.19

1.35

3.33

Dapai International Holdings Co Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.62	4.44	3.33	2.42	1.96

Dapai International Holdings Co 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.

Dapai International Holdings Co (SGX:FP1) 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.

Dapai International Holdings Co Cash And Cash Equivalents Related Terms

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Dapai International Holdings Co (SGX:FP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dapai International Holdings Co Ltd (SGX:FP1) » Definitions » Cash And Cash Equivalents

Comparable Companies

SGX:FQ8

Traded in Other Exchanges

N/A

Address

Website

http://www.dapai-bag.com

Dapai International Holdings Co Ltd is backpack company in China. The group designs, manufactures and sells backpacks under the DAPAI brand. Its product collections are suited for sports, fashion, business, and leisure. The company's products are targeted at the mid-range mass market consumer segment and are sold by distributor-own concessionary retail outlets in different provinces, autonomous regions and municipalities located within department stores, supermarkets and hypermarkets in China. The group's business segments are Manufacturing and sales of the backpack to distributors and retailers and Manufacturing and sales of luggage to distributors and retailers. The majority of its revenue is generated from the sales of bagpacks worldwide.

Dapai International Holdings Co (SGX:FP1) Headlines

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