Credit Acceptance (FRA:2D5) Beginning Cash Position : €433 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Credit Acceptance Beginning Cash Position?

Credit Acceptance's Beginning Cash Position for the quarter that ended in Mar. 2024 was €433 Mil.

Credit Acceptance's quarterly Beginning Cash Position increased from Sep. 2023 (€386 Mil) to Dec. 2023 (€402 Mil) and increased from Dec. 2023 (€402 Mil) to Mar. 2024 (€433 Mil).

Credit Acceptance's annual Beginning Cash Position increased from Dec. 2021 (€351 Mil) to Dec. 2022 (€410 Mil) but then declined from Dec. 2022 (€410 Mil) to Dec. 2023 (€383 Mil).

Credit Acceptance Beginning Cash Position Historical Data

The historical data trend for Credit Acceptance's Beginning Cash Position 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.

Credit Acceptance Beginning Cash Position Chart

Credit Acceptance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

Get a 7-Day Free Trial

296.37

425.55

350.64

409.88

383.03

Credit Acceptance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Beginning Cash Position	Get a 7-Day Free Trial															390.13	450.52	386.04	401.83	433.23

Credit Acceptance Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Credit Acceptance Beginning Cash Position Related Terms

Thank you for viewing the detailed overview of Credit Acceptance's Beginning Cash Position provided by GuruFocus.com. Please click on the following links to see related term pages.

Credit Acceptance (FRA:2D5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (FRA:2D5) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

CACC:USA

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

No Headlines