Avery Dennison (Avery Dennison) Total Current Assets

: $2,796 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avery Dennison's total current assets for the quarter that ended in Dec. 2023 was $2,796 Mil.

Avery Dennison Total Current Assets Historical Data

The historical data trend for Avery Dennison's Total Current Assets 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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Avery Dennison Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

2,340.60

2,416.20

2,734.60

2,782.00

2,796.00

Avery Dennison Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets																2,782.00	2,989.20	2,851.00	2,814.30	2,796.00

Avery Dennison Total Current Assets Calculation

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

Avery Dennison's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	215	+	1414.9	+	920.7	+	245.4
	=	2,796

Avery Dennison's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	215	+	1414.9	+	920.7	+	245.4
	=	2,796

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.

Avery Dennison (NYSE:AVY) Total Current Assets 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.

Avery Dennison's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	215	-	6081.9	+	0.75 * 1414.9	+	0.5 * 920.7
=	-4,345

Avery Dennison Total Current Assets Related Terms

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Avery Dennison (Avery Dennison) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Avery Dennison Corp (NYSE:AVY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

AV3:Germany AVY:Argentina

Address

8080 Norton Parkway, Mentor, OH, USA, 44060

Website

https://www.averydennison.com

Avery Dennison manufactures pressure-sensitive materials, merchandise tags, and labels. The company also runs a specialty converting business that produces radio-frequency identification, or RFID, inlays and labels. Avery Dennison draws a significant amount of revenue from outside the United States, with international operations accounting for the majority of total sales.

Executives

Ignacio J Walker	officer: VP and Chief Legal Officer	207 GOODE AVE, GLENDALE CA 91203
Divina Fe Santiago	officer: VP Controller	8080 NORTON PARKWAY, MENTOR OH 44060
Julia A Stewart	director	4551 WEST 107TH STREET STE 100, C/O APPLEBEES INTERNATIONAL INC, OVERLAND PARK KS 66207
Francisco Melo	officer: President, Solutions Group	8080 NORTON PARKWAY, MENTOR OH 44060
Hassan Rmaile	officer: President, Materials Group	1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110
Andres Alberto Lopez	director	ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Francesca Reverberi	director	C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Anthony Anderson	director	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Martha N. Sullivan	director	529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
William Raymond Wagner	director	C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Bradley A Alford	director	150 N ORANGE GROVE BLVD, PASADENA CA 91103
Deena Baker-nel	officer: VP & Chief HR Officer	207 GOODE AVE, GLENDALE CA 91203
Gregory Lovins	officer: V.P. and Interim CFO	207 GOODE AVENUE, GLENDALE CA 91203
Ken C Hicks	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Nicholas Colisto	officer: VP & Chief Information Officer	C/O AVERY DENNISON CORPORATION, 207 GOODE AVE, GLENDALE CA 91203