Glencore (LSE:GLEN) Beginning Cash Position : £1,511 Mil (As of Dec. 2023)

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What is Glencore Beginning Cash Position?

Glencore's Beginning Cash Position for the quarter that ended in Dec. 2023 was £1,511 Mil.

Glencore's quarterly Beginning Cash Position declined from Dec. 2022 (£2,201 Mil) to Jun. 2023 (£1,582 Mil) and declined from Jun. 2023 (£1,582 Mil) to Dec. 2023 (£1,511 Mil).

Glencore's annual Beginning Cash Position increased from Dec. 2021 (£1,126 Mil) to Dec. 2022 (£2,716 Mil) but then declined from Dec. 2022 (£2,716 Mil) to Dec. 2023 (£1,578 Mil).

Glencore Beginning Cash Position Historical Data

The historical data trend for Glencore's Beginning 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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Glencore Beginning Cash Position Chart

Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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1,561.10

1,414.34

1,126.50

2,715.87

1,578.42

Glencore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial															1,914.59	2,686.10	2,201.10	1,582.42	1,511.27

Glencore Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Glencore Beginning Cash Position Related Terms

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Glencore (LSE:GLEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (LSE:GLEN) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

GLN:South Africa GLNCY:USA GLCNF:USA GLENl:UK 8GC:Germany

Address

Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.

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