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Dell Inc (NAS:DELL)
Total Current Assets
\$26,866 Mil (As of Jul. 2013)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Dell Inc's total current assets for the quarter that ended in Jul. 2013 was \$26,866 Mil.

Definition

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

Dell Inc's Total Current Assets for the fiscal year that ended in Jan. 2013 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 12777 + 6629 + 1382 + 7180 = 27,968

Dell Inc's Total Current Assets for the quarter that ended in Jul. 2013 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 11828 + 6591 + 1468 + 6979 = 26,866

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Dell Inc's Liquidation Value for the quarter that ended in Jul. 2013 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 11828 - 35090 + 0.75 * 6591 + 0.5 * 1468 = -17,585

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Dell Inc Annual Data

 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Total Current Assets 10,633 16,897 17,794 19,939 19,880 20,151 24,245 29,021 29,448 27,968

Dell Inc Quarterly Data

 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Total Current Assets 28,373 29,658 28,256 29,448 28,045 27,250 25,662 27,968 25,659 26,866
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