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Tesco PLC (OTCPK:TSCDY)
Total Current Assets
\$19,271 Mil (As of Feb. 2017)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Tesco PLC's total current assets for the quarter that ended in Feb. 2017 was \$19,271 Mil.

Definition

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

Tesco PLC's Total Current Assets for the fiscal year that ended in Feb. 2017 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 7926.25 + 1843.75 + 2876.25 + 6625 = 19,271

Tesco PLC's Total Current Assets for the quarter that ended in Feb. 2017 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 7926.25 + 1843.75 + 2876.25 + 6625 = 19,271

* 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.

Tesco PLC's Liquidation Value for the quarter that ended in Feb. 2017 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 7926.25 - 49268.75 + 0.75 * 1843.75 + 0.5 * 2876.25 = -38,522

* 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.

Tesco PLC Annual Data

 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Total Current Assets 12,377 19,450 18,383 19,418 20,321 20,272 25,781 18,340 21,183 19,271

Tesco PLC Semi-Annual Data

 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Total Current Assets 21,310 20,272 18,884 25,781 25,003 18,340 24,731 21,183 21,422 19,271
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