GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PARTS iD Inc (OTCPK:IDICQ) » Definitions » Cash And Cash Equivalents

PARTS iD (PARTS iD) Cash And Cash Equivalents : $1.5 Mil (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is PARTS iD Cash And Cash Equivalents?

PARTS iD's quarterly cash and cash equivalents declined from Mar. 2023 ($0.46 Mil) to Jun. 2023 ($0.27 Mil) but then increased from Jun. 2023 ($0.27 Mil) to Sep. 2023 ($1.49 Mil).

PARTS iD's annual cash and cash equivalents increased from Dec. 2020 ($22.20 Mil) to Dec. 2021 ($23.20 Mil) but then declined from Dec. 2021 ($23.20 Mil) to Dec. 2022 ($3.80 Mil).

PARTS iD Cash And Cash Equivalents Historical Data

The historical data trend for PARTS iD'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.

PARTS iD Cash And Cash Equivalents Chart

PARTS iD Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash And Cash Equivalents
13.62 22.20 23.20 3.80

PARTS iD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 3.80 0.46 0.27 1.49

PARTS iD 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.

PARTS iD  (OTCPK:IDICQ) 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.

PARTS iD Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of PARTS iD's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

PARTS iD (PARTS iD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PARTS iD Inc (OTCPK:IDICQ) » Definitions » Cash And Cash Equivalents
Comparable Companies
OMTK FLES REII TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660 LKQ SHSE:601689 TSE:7259 SZSE:002920 BWA XTER:HLE TSE:5802
Traded in Other Exchanges
N/A
Address
1 Corporate Drive, Suite C, Cranbury, NJ, USA, 08512
Website
https://www.partsidinc.com
PARTS iD Inc is a technology-driven, digital commerce company focused on online retailer of automotive parts, components, and accessories. The product portfolio includes interior products, exterior products, wheels, body parts, audio & electronics, automotive tools, and other related products. The Company provides its product vendors with access to its customer base and e-commerce market.
Executives
Eugene Kovshilovsky officer: Chief Technology Officer C/O PARTS ID, INC., 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Sanjiv Gomes officer: Chief Information Officer 16941 KEEGAN AVENUE, CARSON CA 90746
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Kailas Agrawal officer: Chief Financial Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Mark Atwater officer: VP of Vendor Relations 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Antonino Ciappina officer: Chief Executive Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Lev Peker director US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Aditya Jha director 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Pendleton Brian John Jr. officer: See remarks 1308 RACE STREET, SUITE 200, CINCINNATI OH 45202
Edwin Rigaud director 3639 VINEYARD PLACE, CINCINNATI OH 45226
Ajay Roy officer: Chief Operating Officer 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Rahul Petkar director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
Roman Gerashenko 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Stanislav Royzenshteyn 10 percent owner 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512