Fossil Group (WBO:FOSL) Cash And Cash Equivalents : €104 Mil (As of Mar. 2024)

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What is Fossil Group Cash And Cash Equivalents?

Fossil Group's quarterly cash and cash equivalents declined from Sep. 2023 (€108.82 Mil) to Dec. 2023 (€107.47 Mil) but then stayed the same from Dec. 2023 (€107.47 Mil) to Mar. 2024 (€103.86 Mil).

Fossil Group's annual cash and cash equivalents declined from Dec. 2021 (€222.00 Mil) to Dec. 2022 (€187.60 Mil) and declined from Dec. 2022 (€187.60 Mil) to Dec. 2023 (€107.47 Mil).

Fossil Group Cash And Cash Equivalents Historical Data

The historical data trend for Fossil Group'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.

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Fossil Group Cash And Cash Equivalents Chart

Fossil Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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180.20

259.72

222.00

187.60

107.47

Fossil Group 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															118.72	121.94	108.82	107.47	103.86

Fossil Group 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.

Fossil Group (WBO:FOSL) 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.

Fossil Group Cash And Cash Equivalents Related Terms

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Fossil Group (WBO:FOSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fossil Group Inc (WBO:FOSL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FOSL:USA FSL:Germany

Address

901 S. Central Expressway, Richardson, TX, USA, 75080

Website

https://www.fossilgroup.com

Fossil Group Inc is a design, innovation and distribution company in consumer fashion accessories. The products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The reportable segments are comprised of 1) Americas segment includes sales in Canada, Latin America and the United States. 2) Europe segment includes sales in European countries, the Middle East and Africa. 3) Asia segment includes sales in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity.