Adtalem Global Education (FRA:DVY) Total Current Assets : €357 Mil (As of Mar. 2024)

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What is Adtalem Global Education Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Adtalem Global Education's total current assets for the quarter that ended in Mar. 2024 was €357 Mil.

Adtalem Global Education Total Current Assets Historical Data

The historical data trend for Adtalem Global Education'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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Adtalem Global Education Total Current Assets Chart

Adtalem Global Education Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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446.66

615.18

1,257.41

527.02

441.69

Adtalem Global Education Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															497.85	441.69	443.13	346.72	356.62

Adtalem Global Education 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.

Adtalem Global Education's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	252.615	+	94.837	+	0	+	94.239
	=	442

Adtalem Global Education's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	165.381	+	129.636	+	0	+	61.606
	=	357

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.

Adtalem Global Education (FRA:DVY) 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.

Adtalem Global Education's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	165.381	-	1282.545	+	0.75 * 127.153	+	0.5 * 0
=	-1,022

Adtalem Global Education Total Current Assets Related Terms

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Adtalem Global Education (FRA:DVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Adtalem Global Education Inc (FRA:DVY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ATGE:USA DVY:Germany

Address

500 West Monroe Street, Suite 28, Chicago, IL, USA, 60661

Website

https://www.adtalem.com

Adtalem Global Education Inc is an American for-profit educational company that operates various university and educational programs. The company runs eight colleges and universities that specialize in business, medicine, education, and nursing degree programs. DeVry Education Group has over 90 campuses as well as online courses that offer associate, bachelor, and postgraduate degrees. Enrollment in its business colleges represents almost half of overall student enrollment, followed by technology and healthcare. The company derives the majority of its revenue from student enrollment fees using federal financial aid programs such as Pell Fund grants.