Wheaton Precious Metals (Wheaton Precious Metals) Total Current Assets : $567 Mil (As of Dec. 2023)

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What is Wheaton Precious Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wheaton Precious Metals's total current assets for the quarter that ended in Dec. 2023 was $567 Mil.

Wheaton Precious Metals Total Current Assets Historical Data

The historical data trend for Wheaton Precious Metals'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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Wheaton Precious Metals Total Current Assets Chart

Wheaton Precious Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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154.75

201.83

249.72

720.09

567.41

Wheaton Precious Metals 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	Get a 7-Day Free Trial															720.09	822.10	849.45	856.19	567.41

Wheaton Precious Metals 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.

Wheaton Precious Metals'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
	=	546.527	+	16.013	+	1.372	+	3.4989999999999
	=	567

Wheaton Precious Metals'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
	=	546.527	+	16.013	+	1.372	+	3.4989999999999
	=	567

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.

Wheaton Precious Metals (NYSE:WPM) 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.

Wheaton Precious Metals'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)
=	546.527	-	45.669	+	0.75 * 9.335	+	0.5 * 1.372
=	509

Wheaton Precious Metals Total Current Assets Related Terms

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Wheaton Precious Metals (Wheaton Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wheaton Precious Metals Corp (NYSE:WPM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WPM:UK SII:Germany SII:Germany SII:Germany SII:Germany WPM:Canada

Address

1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3

Website

https://www.wheatonpm.com

Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.