Sumitomo Electric Industries (Sumitomo Electric Industries) Total Current Assets : $15,534 Mil (As of Dec. 2023)

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What is Sumitomo Electric Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sumitomo Electric Industries's total current assets for the quarter that ended in Dec. 2023 was $15,534 Mil.

Sumitomo Electric Industries Total Current Assets Historical Data

The historical data trend for Sumitomo Electric Industries'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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Sumitomo Electric Industries Total Current Assets Chart

Sumitomo Electric Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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13,618.69

14,632.20

15,909.71

17,346.71

16,180.00

Sumitomo Electric Industries 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															16,031.56	16,180.00	15,279.94	14,621.81	15,533.95

Sumitomo Electric Industries 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.

Sumitomo Electric Industries's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2120.424	+	6550.979	+	6368.372	+	1140.222
	=	16,180

Sumitomo Electric Industries'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
	=	2142.282	+	5947.563	+	6249.108	+	1194.994
	=	15,534

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.

Sumitomo Electric Industries (OTCPK:SMTOY) 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.

Sumitomo Electric Industries'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)
=	2142.282	-	13731.549	+	0.75 * 5947.563	+	0.5 * 6249.108
=	-4,004

Sumitomo Electric Industries Total Current Assets Related Terms

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Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Electric Industries Ltd (OTCPK:SMTOY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

5802:Japan SMO:Germany

Address

4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041

Website

http://www.sei.co.jp

Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines

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