SKF AB (SKF AB) Ending Cash Position : $1,331 Mil (As of Mar. 2024)

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What is SKF AB Ending Cash Position?

SKF AB's Ending Cash Position for the quarter that ended in Mar. 2024 was $1,331 Mil.

SKF AB's quarterly Ending Cash Position increased from Sep. 2023 ($1,045 Mil) to Dec. 2023 ($1,298 Mil) and increased from Dec. 2023 ($1,298 Mil) to Mar. 2024 ($1,331 Mil).

SKF AB's annual Ending Cash Position declined from Dec. 2021 ($1,454 Mil) to Dec. 2022 ($988 Mil) but then increased from Dec. 2022 ($988 Mil) to Dec. 2023 ($1,298 Mil).

SKF AB Ending Cash Position Historical Data

The historical data trend for SKF AB's Ending Cash Position 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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SKF AB Ending Cash Position Chart

SKF AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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681.69

1,680.00

1,454.30

988.15

1,297.67

SKF AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															759.24	917.25	1,045.49	1,297.67	1,331.25

SKF AB Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

SKF AB's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	999.746	+	297.926
	=	1,298

SKF AB's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1278.515	+	52.731
	=	1,331

SKF AB Ending Cash Position Related Terms

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SKF AB (SKF AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF AB (OTCPK:SKFRY) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

SKUFF:USA SKF B:Sweden SKF A:Sweden SKFB:Mexico SKFBs:UK 0NWX:UK SKFA:Germany

Address

Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50

Website

https://www.skf.com

SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.