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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Life Storage's total current assets for the quarter that ended in Mar. 2023 was $71 Mil.
The historical data trend for Life Storage'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.
Life Storage Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 29.62 | 38.75 | 79.25 | 199.90 | 60.48 |
Life Storage Quarterly Data | ||||||||||||||||||||
Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Total Current Assets | Get a 7-Day Free Trial | 81.68 | 66.13 | 59.46 | 60.48 | 71.01 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Life Storage'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 |
= | 24.406 | + | 25.715 | + | 0 | + | 10.363 | |
= | 60 |
Life Storage's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 32.765 | + | 24.076 | + | 0 | + | 14.165 | |
= | 71 |
* 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.
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.
Life Storage (NYSE:LSI) 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.
Life Storage's Liquidation Value for the quarter that ended in Mar. 2023 is
Liquidation value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 32.765 | - | 3574.985 | + | 0.75 * 23.281 | + | 0.5 * 0 |
= | -3,525 |
* 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.
Thank you for viewing the detailed overview of Life Storage's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Saffire | officer: Chief Investment Officer | 6467 MAIN STREET, WILLIAMSVILLE NY 14221 |
Havener Arthur L Jr | director | 9825 SUNSET GREENS DRIVE, ST. LOUIS MO 63127 |
Alexander Gress | officer: CFO | 6467 MAIN STREET, C/O LIFE STORAGE, INC., WILLIAMSVILLE NY 14221 |
Stephen R Rusmisel | director | C/O SOVRAN SELF STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221 |
Andrew J Gregoire | officer: CFO | C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221 |
David P. Dodman | officer: COO | C/O LIFE STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221 |
Edward F Killeen | officer: EVP Real Estate Management | C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221 |
David L Rogers | officer: CFO | C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221 |
Sue Harnett | director | P.O. BOX 195115, SAN JUAN PR 00919-5115 |
Mark G Barberio | director | 19 WIK STREET, WILLIAMSVILLE NY 14221 |
Edward J Pettinella | director | C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604 |
Charles E Lannon | director | C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221 |
Kenneth F Myszka | director, officer: President, COO | C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221 |
Robert J Attea | director, officer: Chairman of Board, CEO | C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221 |
Dana Hamilton | director | C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112 |
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