Nitori Holdings Co (TSE:9843) Cash And Cash Equivalents : 円129,605 Mil (As of Dec. 2023)

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What is Nitori Holdings Co Cash And Cash Equivalents?

Nitori Holdings Co's quarterly cash and cash equivalents increased from Jun. 2023 (円127,734.00 Mil) to Sep. 2023 (円134,819.00 Mil) but then stayed the same from Sep. 2023 (円134,819.00 Mil) to Dec. 2023 (円129,605.00 Mil).

Nitori Holdings Co's annual cash and cash equivalents declined from Feb. 2020 (円159,190.00 Mil) to Feb. 2021 (円158,577.00 Mil) and declined from Feb. 2021 (円158,577.00 Mil) to Feb. 2022 (円130,435.00 Mil).

Nitori Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Nitori 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.

* Premium members only.

Nitori Holdings Co Cash And Cash Equivalents Chart

Nitori Holdings Co Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Cash And Cash Equivalents

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63,339.00

102,345.00

159,190.00

158,577.00

130,435.00

Nitori Holdings Co Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															93,695.00	132,039.00	127,734.00	134,819.00	129,605.00

Nitori 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.

Nitori Holdings Co (TSE:9843) 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.

Nitori Holdings Co Cash And Cash Equivalents Related Terms

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Nitori Holdings Co (TSE:9843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nitori Holdings Co Ltd (TSE:9843) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

NCLTY:USA NCLTF:USA

Address

6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043

Website

http://www.nitorihd.co.jp

Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

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