Webco Industries (Webco Industries) Total Current Assets : $301.1 Mil (As of Jul. 2023)

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What is Webco Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Webco Industries's total current assets for the quarter that ended in Jul. 2023 was $301.1 Mil.

Webco Industries Total Current Assets Historical Data

The historical data trend for Webco Industries'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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Webco Industries Total Current Assets Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Total Current Assets

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195.44

169.29

190.20

261.67

301.15

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Total Current Assets	Get a 7-Day Free Trial															195.44	169.29	190.20	261.67	301.15

Webco Industries 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.

Webco Industries's Total Current Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.066	+	68.478	+	207.976	+	2.628
	=	301.1

Webco Industries's Total Current Assets for the quarter that ended in Jul. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.066	+	68.478	+	207.976	+	2.628
	=	301.1

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.

Webco Industries (OTCPK:WEBC) 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.

Webco Industries's Liquidation Value for the quarter that ended in Jul. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.066	-	181.199	+	0.75 * 68.478	+	0.5 * 207.976
=	-3.8

Webco Industries Total Current Assets Related Terms

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Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub