Alcoa (AA) Total Current Assets : $4,881 Mil (As of Mar. 2024)

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What is Alcoa Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Alcoa's total current assets for the quarter that ended in Mar. 2024 was $4,881 Mil.

Alcoa Total Current Assets Historical Data

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

Alcoa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,530.00

4,520.00

5,026.00

5,250.00

4,405.00

Alcoa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															4,946.00	4,670.00	4,365.00	4,405.00	4,881.00

Alcoa 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.

Alcoa's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	944	+	808	+	2158	+	495
	=	4,405

Alcoa's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1358	+	1001	+	2048	+	474
	=	4,881

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.

Alcoa (NYSE:AA) 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.

Alcoa's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1358	-	8794	+	0.75 * 869	+	0.5 * 2048
=	-5,760

Alcoa Total Current Assets Related Terms

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Alcoa (AA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Corp (NYSE:AA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

AA1:Mexico 1AA:Italy 185:Germany 185:Germany 185:Germany ALCA:Austria

Address

201 Isabella Street, Suite 500, Pittsburgh, PA, USA, 15212-5858

Website

https://www.alcoa.com

Alcoa Corp is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain. The company segments include Bauxite; Alumina and Aluminum. It generates maximum revenue from the Aluminum segment. Geographically, it derives a majority of its revenue from the United States.

Executives

Renee Henry	officer: SVP & Controller	201 ISABELLA STREET, STE 500, PITTSBURGH PA 15212
Nicol Gagstetter	officer: EVP & Chief Ext. Aff. Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Andrew Hastings	officer: EVP & Gen. Counsel	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
De Oliveira Marques Roberto	director	C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048
Roy Christopher Harvey	director, officer: President, CEO & Director	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Renato Bacchi	officer: EVP & Chief Strategy Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Harden Sonya Elam	officer: EVP & Chief Ext. Aff. Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
William F Oplinger	officer: Executive VP & CFO	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Jeffrey D. Heeter	officer: EVP, Gen. Counsel & Secretary	C/O ALCOA CORPORATION, 201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Tammi A Jones	officer: EVP & CHRO	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Jackson Prince Roberts	director	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
John D Slaven	officer: EVP & Chief Strategy Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212-5858
Kelly R. Thomas	officer: EVP & Chief Commercial Officer	25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44122
Molly S. Beerman	officer: Vice President and Controller	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Benjamin D Kahrs	officer: EVP, Chief Innovation Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212