Daisy Group (FRA:PWH1) Cash, Cash Equivalents, Marketable Securities : €46.6 Mil (As of Sep. 2014)

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What is Daisy Group Cash, Cash Equivalents, Marketable Securities?

Daisy Group's quarterly cash, cash equivalents, marketable securities increased from Sep. 2013 (€43.06 Mil) to Mar. 2014 (€52.44 Mil) but then stayed the same from Mar. 2014 (€52.44 Mil) to Sep. 2014 (€46.56 Mil).

Daisy Group's annual cash, cash equivalents, marketable securities increased from Mar. 2012 (€41.44 Mil) to Mar. 2013 (€45.19 Mil) and increased from Mar. 2013 (€45.19 Mil) to Mar. 2014 (€52.44 Mil).

Daisy Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Daisy Group's Cash, Cash Equivalents, Marketable Securities 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.

Daisy Group Cash, Cash Equivalents, Marketable Securities Chart

Daisy Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Mar10

Mar11

Mar12

Mar13

Mar14

Cash, Cash Equivalents, Marketable Securities

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22.24

31.98

41.44

45.19

52.44

Daisy Group Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															44.18	45.19	43.06	52.44	46.56

Daisy Group Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Daisy Group (FRA:PWH1) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Daisy Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Daisy Group (FRA:PWH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Daisy Group PLC (FRA:PWH1) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Website

http://www.daisygroupplc.com

Daisy Group PLC and its subsidiaries provide telecommunication and managed services to UK SME and mid-market businesses. It provides a combined product set including access, hosting, voice, managed services and mobile telephony. The Group's segments comprise Daisy Retail, Daisy Wholesale, and central costs. The Daisy Retail segment engages in the provision of integrated voice and data services to the small medium business market, The Daisy Wholesale segment supplies partners with billing, provisioning and business software solutions in addition to voice, lines and data services. Daisy Distribution provides a full range of mobile handsets and airtime tariffs from O2, Vodafone, Orange and T-Mobile via a dealer network and the Central segment consists of unallocated central activities.

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