Swift Transportation Co (Swift Transportation Co) Total Current Assets : $598 Mil (As of Jun. 2017)

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What is Swift Transportation Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Swift Transportation Co's total current assets for the quarter that ended in Jun. 2017 was $598 Mil.

Swift Transportation Co Total Current Assets Historical Data

The historical data trend for Swift Transportation Co'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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Swift Transportation Co Total Current Assets Chart

Swift Transportation Co Annual Data

Trend

Dec05

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Dec16

Total Current Assets

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742.09

734.03

755.55

705.61

655.55

Swift Transportation Co Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Total Current Assets	Get a 7-Day Free Trial															693.50	653.92	655.55	615.31	598.33

Swift Transportation Co 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.

Swift Transportation Co's Total Current Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	112.108	+	415.76	+	16.63	+	111.053
	=	656

Swift Transportation Co's Total Current Assets for the quarter that ended in Jun. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	64.909	+	410.276	+	16.699	+	106.442
	=	598

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.

Swift Transportation Co (NYSE:SWFT) 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.

Swift Transportation Co's Liquidation Value for the quarter that ended in Jun. 2017 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	64.909	-	1875.548	+	0.75 * 401.261	+	0.5 * 16.699
=	-1,501

Swift Transportation Co Total Current Assets Related Terms

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Swift Transportation Co (Swift Transportation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Swift Transportation Co (NYSE:SWFT) » Definitions » Total Current Assets

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Address

Website

http://www.swifttrans.com

Swift Transportation is the largest full-truckload carrier (74% of revenue) in the United States, with an effective fleet of more than 19,000 tractors across all its divisions, when including owner-operators. Following its acquisition of Central Refrigerated in 2013, it ranks among the top 10 temperature-controlled providers (8%). Swift also offers intermodal (9%), which competes with the likes of J.B. Hunt. In December 2010, Swift came public for a second time; founder Jerry Moyes had taken it private in 2007.

Swift Transportation Co (Swift Transportation Co) Headlines

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