VEON (FRA:35V0) Total Current Assets : €7,491 Mil (As of Jun. 2023)

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What is VEON Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. VEON's total current assets for the quarter that ended in Jun. 2023 was €7,491 Mil.

VEON Total Current Assets Historical Data

The historical data trend for VEON'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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VEON Total Current Assets Chart

VEON Annual Data

Trend

Dec13

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Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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2,733.69

2,249.10

2,342.70

4,794.05

9,225.71

VEON Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial															4,237.25	4,794.05	5,387.47	9,225.71	7,491.07

VEON 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.

VEON's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3046.288	+	544.688	+	16.992	+	5617.744
	=	9,226

VEON's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2394.262	+	470.73	+	17.537	+	4608.539
	=	7,491

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.

VEON (FRA:35V0) 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.

VEON's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2394.262	-	11097.229	+	0.75 * 419.965	+	0.5 * 17.537
=	-8,379

VEON Total Current Assets Related Terms

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VEON (FRA:35V0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » VEON Ltd (FRA:35V0) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

VEON:USA VEON:Netherlands

Address

Claude Debussylaan 88, Amsterdam, NLD, 1082 MD

Website

https://www.veon.com

VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.

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