Gildan Activewear (Gildan Activewear) Cash, Cash Equivalents, Marketable Securities : $90 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Gildan Activewear Cash, Cash Equivalents, Marketable Securities?

Gildan Activewear's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($68.61 Mil) to Sep. 2023 ($102.51 Mil) but then stayed the same from Sep. 2023 ($102.51 Mil) to Dec. 2023 ($89.64 Mil).

Gildan Activewear's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($179.25 Mil) to Dec. 2022 ($150.42 Mil) and declined from Dec. 2022 ($150.42 Mil) to Dec. 2023 ($89.64 Mil).

Gildan Activewear Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cash, Cash Equivalents, Marketable Securities Chart

Gildan Activewear Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

64.13

505.26

179.25

150.42

89.64

Gildan Activewear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															150.42	73.84	68.61	102.51	89.64

Gildan Activewear 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.

Gildan Activewear (NYSE:GIL) 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.

Gildan Activewear Cash, Cash Equivalents, Marketable Securities Related Terms

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

Gildan Activewear (Gildan Activewear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (NYSE:GIL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

VGA:Germany GIL:Canada

Address

600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2

Website

http://www.gildan.com

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.