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Pep Boys - Manny Moe & Jack (NYSE:PBY)
Total Current Assets
\$797 Mil (As of Oct. 2015)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Pep Boys - Manny Moe & Jack's total current assets for the quarter that ended in Oct. 2015 was \$797 Mil.

Definition

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Pep Boys - Manny Moe & Jack's Total Current Assets for the fiscal year that ended in Jan. 2015 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 38.044 + 31.013 + 656.957 + 86.586 = 813

Pep Boys - Manny Moe & Jack's Total Current Assets for the quarter that ended in Oct. 2015 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 71.332 + 31.743 + 630.608 + 63.798 = 797

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Explanation

In Ben Grahams calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Pep Boys - Manny Moe & Jack's Liquidation Value for the quarter that ended in Oct. 2015 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 71.332 - 944.663 + 0.75 * 31.743 + 0.5 * 630.608 = -534

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Pep Boys - Manny Moe & Jack Annual Data

 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Total Current Assets 828 768 750 716 716 764 785 814 826 813

Pep Boys - Manny Moe & Jack Quarterly Data

 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Total Current Assets 818 815 826 817 806 807 813 804 803 797
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