Assa Abloy AB (Assa Abloy AB) Total Current Assets

: $4,776 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Assa Abloy AB's total current assets for the quarter that ended in Dec. 2023 was $4,776 Mil.

Assa Abloy AB Total Current Assets Historical Data

The historical data trend for Assa Abloy AB'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.

* Premium members only.

Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

3,346.23

3,736.65

4,319.99

4,566.78

4,776.36

Assa Abloy AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets																4,566.78	4,544.35	5,322.92	4,692.28	4,776.36

Assa Abloy AB 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.

Assa Abloy AB'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
	=	165.926	+	2509.359	+	1798.374	+	302.702
	=	4,776

Assa Abloy AB's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	165.926	+	2509.359	+	1798.374	+	302.702
	=	4,776

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.

Assa Abloy AB (OTCPK:ASAZY) 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.

Assa Abloy AB's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	165.926	-	10207.651	+	0.75 * 2040.828	+	0.5 * 1798.374
=	-7,612

Assa Abloy AB Total Current Assets Related Terms

Thank you for viewing the detailed overview of Assa Abloy AB's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Assa Abloy AB (Assa Abloy AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (OTCPK:ASAZY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.