Weir Group (LSE:WEIR) Total Current Assets : £1,879 Mil (As of Dec. 2023)

View and export this data going back to 1946. Start your Free Trial

What is Weir Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Weir Group's total current assets for the quarter that ended in Dec. 2023 was £1,879 Mil.

Weir Group Total Current Assets Historical Data

The historical data trend for Weir Group'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.

Weir Group Total Current Assets Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,528.70

1,688.70

1,626.70

1,949.40

1,878.80

Weir Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,626.70	1,729.30	1,949.40	1,880.00	1,878.80

Weir Group 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.

Weir Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	707.2	+	461.5	+	608.1	+	102
	=	1,879

Weir Group'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
	=	707.2	+	461.5	+	608.1	+	102
	=	1,879

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.

Weir Group (LSE:WEIR) 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.

Weir Group'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)
=	707.2	-	2193	+	0.75 * 399.6	+	0.5 * 608.1
=	-882

Weir Group Total Current Assets Related Terms

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

Weir Group (LSE:WEIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (LSE:WEIR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WEIGF:USA WEGRY:USA WEIRl:UK

Address

1 West Regent Street, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America.

Weir Group (LSE:WEIR) Headlines

No Headlines