GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Toll Brothers Inc (NYSE:TOL) » Definitions » Total Current Assets

Toll Brothers (Toll Brothers) Total Current Assets

: $10,723 Mil (As of Jan. 2024)
View and export this data going back to 1986. Start your Free Trial

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Toll Brothers's total current assets for the quarter that ended in Jan. 2024 was $10,723 Mil.


Toll Brothers Total Current Assets Historical Data

The historical data trend for Toll Brothers'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.

* Premium members only.

Toll Brothers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Current Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,746.96 9,580.81 10,051.00 10,599.79 10,776.75

Toll Brothers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,287.11 10,275.14 10,592.09 10,776.75 10,722.51

Toll Brothers 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.

Toll Brothers's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as

Toll Brothers's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

* 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.

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.


Toll Brothers  (NYSE:TOL) 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.

Toll Brothers's Liquidation Value for the quarter that ended in Jan. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=754.793-5486.31+0.75 * 702.03+0.5 * 9581.482
=586

* 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.


Toll Brothers Total Current Assets Related Terms

Thank you for viewing the detailed overview of Toll Brothers's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Toll Brothers (Toll Brothers) Business Description

Traded in Other Exchanges
Address
1140 Virginia Drive, Fort Washington, PA, USA, 19034
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.
Executives
Paul E Shapiro director
Martin P. Connor officer: Chief Financial Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
John A Mclean director TOLL BROTHERS, INC., 1140 GIBRALTAR ROAD, FORT WASHINGTON PA 19034
Yearley Douglas C. Jr. officer: Executive Vice President 250 GIBRALTAR ROAD, HORSHAM PA 19044
Carl B Marbach director 17730 SCARSDALE WAY, BOCA RATON FL 33496
Robert Parahus officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Michael J. Grubb officer: Chief Accounting Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Derek T. Kan director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Richard J Braemer director 324 SPRUCE ST, PHILADELPHIA PA 19106
Scott D Stowell director
Robert I Toll director, 10 percent owner, officer: Chief Executive Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19006
Edward G Boehne director 313 DEVON STATE ST, DEVON PA 19333
Stephen F. East director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
James W. Boyd officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034