Mercari (TSE:4385) Cash And Cash Equivalents : 円189,815 Mil (As of Mar. 2024)

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What is Mercari Cash And Cash Equivalents?

Mercari's quarterly cash and cash equivalents declined from Sep. 2023 (円196,544.00 Mil) to Dec. 2023 (円188,340.00 Mil) but then increased from Dec. 2023 (円188,340.00 Mil) to Mar. 2024 (円189,815.00 Mil).

Mercari's annual cash and cash equivalents increased from Jun. 2021 (円171,463.00 Mil) to Jun. 2022 (円211,406.00 Mil) but then declined from Jun. 2022 (円211,406.00 Mil) to Jun. 2023 (円196,271.00 Mil).

Mercari Cash And Cash Equivalents Historical Data

The historical data trend for Mercari'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.

Mercari Cash And Cash Equivalents Chart

Mercari Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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125,578.00

135,747.00

171,463.00

211,406.00

196,271.00

Mercari Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															195,555.00	196,271.00	196,544.00	188,340.00	189,815.00

Mercari 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.

Mercari (TSE:4385) 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.

Mercari Cash And Cash Equivalents Related Terms

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Mercari (TSE:4385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mercari Inc (TSE:4385) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MCARY:USA 6TP:Germany

Address

6 - 10 - 1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118

Website

https://www.mercari.com

Mercari operates the largest C2C secondhand goods trading platform in Japan in Mercari, with over 22 million MAU and over JPY 893 billion gross merchandise value in fiscal year 2022. We estimate that it currently has over 70% market share in the C2C marketplace app market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the U.S. as well. Domestic business roughly accounts for over 95% of its total GMV.

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