Switch to:
Guess? Inc (NYSE:GES)
Total Current Liabilities
$338 Mil (As of Jul. 2016)

Total current liabilities includes Account Payable, Current Portion of Long-Term Debt, Other Current Liabilities, and Current Deferred Liabilities. Guess? Inc's total current liabilities for the quarter that ended in Jul. 2016 was $338 Mil.


Definition

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Guess? Inc's Total Current Liabilities for the fiscal year that ended in Jan. 2016 is calculated as

Total Current Liabilities=Account Payable+Current Portion of Long-Term Debt
=323.035+4.024
+Other Current Liabilities+Current Deferred Liabilities
=-14.252+14.252
=327

Guess? Inc's Total Current Liabilities for the quarter that ended in Jul. 2016 is calculated as

Total Current Liabilities=Account Payable+Current Portion of Long-Term Debt
=337.921+0.555
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=338

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company’s cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through Working Capital and the Current Ratio. The Current Ratio is equal to 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 Liabilities is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that ‘roll over the debt’ e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite ‘Wells Fargo’ has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Related Terms

Account Payable, Current Portion of Long-Term Debt, Other Current Liabilities


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Guess? Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
Total Current Liabilities 280382336343431420385370302327

Guess? Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Total Current Liabilities 360317302285319327327319338364
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK