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Watches of Switzerland Group (LSE:WOSG) Total Current Liabilities : £302 Mil (As of Oct. 2023)


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What is Watches of Switzerland Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Watches of Switzerland Group's total current liabilities for the quarter that ended in Oct. 2023 was £302

Watches of Switzerland Group Total Current Liabilities Historical Data

The historical data trend for Watches of Switzerland Group's Total Current Liabilities 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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Watches of Switzerland Group Total Current Liabilities Chart

Watches of Switzerland Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Current Liabilities
Get a 7-Day Free Trial 170.63 267.27 188.80 249.80 272.80

Watches of Switzerland Group Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 233.25 249.80 309.80 272.80 302.40

Watches of Switzerland Group Total Current Liabilities Calculation

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

Watches of Switzerland Group's Total Current Liabilities for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=147.5+47.4
+Other Current Liabilities+Current Deferred Liabilities
=77.9+0
=273

Watches of Switzerland Group's Total Current Liabilities for the quarter that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=249.6+51.5
+Other Current Liabilities+Current Deferred Liabilities
=1.3+0
=302

* 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.

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 the Current Ratio and Working Capital. 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. 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

Watches of Switzerland Group Total Current Liabilities Related Terms

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Watches of Switzerland Group (LSE:WOSG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Watches of Switzerland Group PLC (LSE:WOSG) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
WOSGF:USA WOSGl:UK 5WS:Germany
Address
2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT
Website
https://www.thewosgroupplc.com
Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and the United States, of which the majority of the revenue comes from the United Kingdom.

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