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Fabrinet (NYSE:FN)
Total Current Assets
\$718 Mil (As of Dec. 2016)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Fabrinet's total current assets for the quarter that ended in Dec. 2016 was \$718 Mil.

Definition

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

Fabrinet's Total Current Assets for the fiscal year that ended in Jun. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 284.513 + 196.145 + 181.499 + 11.134 = 673

Fabrinet's Total Current Assets for the quarter that ended in Dec. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 256.127 + 240.887 + 214.375 + 7.011 = 718

* 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.

Fabrinet's Liquidation Value for the quarter that ended in Dec. 2016 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 256.127 - 326.254 + 0.75 * 240.887 + 0.5 * 214.375 = 218

* 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.

Fabrinet Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Total Current Assets 198 229 228 316 358 361 364 464 527 673

Fabrinet Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Current Assets 487 490 507 527 536 559 604 673 680 718
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