Best Buy Co Number of Employees vs. Cash and Equivalents Fundamental AnalysisBest Buy Co is rated second in cash and equivalents category among related companies. It is rated fourth in number of employees category among related companies . The ratio of Cash and Equivalents to Number of Employees for Best Buy Co is about 22,400 Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).Number of Employees shows total number of permanent full time and part time employees working for a given company and processed through its payroll.
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.Best Buy Co is rated fourth in number of employees category among related companies. The total workforce of Diversified Wholesale And Retail industry is currently estimated at about 942,259. Best Buy retains roughly 125,000 in number of employees claiming about 13% of equities under Diversified Wholesale And Retail industry.