Advantage Solutions (FRA:6CPA) Cash, Cash Equivalents, Marketable Securities : €103 Mil (As of Mar. 2024)

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What is Advantage Solutions Cash, Cash Equivalents, Marketable Securities?

Advantage Solutions's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (€160.56 Mil) to Dec. 2023 (€115.98 Mil) but then stayed the same from Dec. 2023 (€115.98 Mil) to Mar. 2024 (€103.31 Mil).

Advantage Solutions's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€145.69 Mil) to Dec. 2022 (€113.96 Mil) but then increased from Dec. 2022 (€113.96 Mil) to Dec. 2023 (€115.98 Mil).

Advantage Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Advantage Solutions'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.

Advantage Solutions Cash, Cash Equivalents, Marketable Securities Chart

Advantage Solutions Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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165.80

167.94

145.69

113.96

115.98

Advantage Solutions Quarterly Data
	Mar17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															139.25	152.00	160.56	115.98	103.31

Advantage Solutions 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.

Advantage Solutions (FRA:6CPA) 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.

Advantage Solutions Cash, Cash Equivalents, Marketable Securities Related Terms

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Advantage Solutions (FRA:6CPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantage Solutions Inc (FRA:6CPA) » Definitions » Cash, Cash Equivalents, Marketable Securities

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ADV:USA

Address

15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618

Website

https://www.advantagesolutions.net

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.

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