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Lowe's (LTS:0JVQ) Marketable Securities : $307 Mil (As of Jan. 2024)


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What is Lowe's Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lowe's's Marketable Securities for the quarter that ended in Jan. 2024 was $307 Mil.

Lowe's's annual Marketable Securities increased from Jan. 2022 ($271 Mil) to Jan. 2023 ($384 Mil) but then declined from Jan. 2023 ($384 Mil) to Jan. 2024 ($307 Mil).


Lowe's Marketable Securities Historical Data

The historical data trend for Lowe's's 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.

Lowe's Marketable Securities Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 506.00 271.00 384.00 307.00

Lowe's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Marketable Securities 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 384.00 423.00 374.00 321.00 307.00

Lowe's Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Lowe's  (LTS:0JVQ) 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.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Lowe's Marketable Securities Related Terms

Thank you for viewing the detailed overview of Lowe's's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Lowe's (LTS:0JVQ) Business Description

Traded in Other Exchanges
Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (LTS:0JVQ) Headlines

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