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Lumentum Holdings (Lumentum Holdings) Total Current Liabilities : $318 Mil (As of Mar. 2024)


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What is Lumentum Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lumentum Holdings's total current liabilities for the quarter that ended in Mar. 2024 was $318

Lumentum Holdings Total Current Liabilities Historical Data

The historical data trend for Lumentum Holdings'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.

* Premium members only.

Lumentum Holdings Total Current Liabilities Chart

Lumentum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.00 283.00 664.60 716.50 633.80

Lumentum Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 768.90 633.80 593.70 658.40 317.60

Lumentum Holdings Total Current Liabilities Calculation

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

Lumentum Holdings's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=299.8+326
+Other Current Liabilities+Current Deferred Liabilities
=5.9+2.1
=634

Lumentum Holdings's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=299.1+13.8
+Other Current Liabilities+Current Deferred Liabilities
=3.9+0.8
=318

* 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

Lumentum Holdings Total Current Liabilities Related Terms

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Lumentum Holdings (Lumentum Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lumentum Holdings Inc (NAS:LITE) » Definitions » Total Current Liabilities
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EXTR BDC VSAT CRDO VIAV PI KN SATS HLIT DGII CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
LU2:Germany LU2:Germany
Address
1001 Ridder Park Drive, San Jose, CA, USA, 95131
Website
https://www.lumentum.com
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
Executives
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Yuen Wupen officer: See Remarks 2911 ZANKER ROAD, SAN JOSE CA 95134
Wajid Ali officer: EVP & Chief Financial Officer 400 N MCCARTHY BLVD, MILPITAS CA 95035
Pamela Fletcher director C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Matthew Joseph Sepe officer: Chief Accounting Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Brian Lillie director 1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Alan S Lowe director, officer: Chief Executive Officer 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Judy G Hamel officer: SVP, GC and Secretary 400 MCCARTHY BLVD, MILPITAS CA 95035
Penny Herscher director 1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Isaac Hosojiro Harris director 310 W 113TH ST # 801, NEW YORK NY 10026-3389
Vincent Retort officer: EVP, Chief Operating Officer 400 MCCARTHY BLVD, MILPITAS CA 95035
Harold L Covert director 400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Jason Reinhardt officer: EVP, Global Sales 400 N. MCCARTHY BLVD, MILPITAS CA 95035
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Samuel F Thomas director 400 N MCCARTHY BLVD, MILPITAS CA 95035