Associated British Foods (Associated British Foods) Total Current Assets : $8,016 Mil (As of Feb. 2024)

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What is Associated British Foods Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Associated British Foods's total current assets for the quarter that ended in Feb. 2024 was $8,016 Mil.

Associated British Foods Total Current Assets Historical Data

The historical data trend for Associated British Foods'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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Associated British Foods Total Current Assets Chart

Associated British Foods Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

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6,807.79

7,559.79

8,420.69

9,382.04

8,562.90

Associated British Foods Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Current Assets	Get a 7-Day Free Trial															8,902.57	9,382.04	8,480.68	8,562.90	8,016.41

Associated British Foods 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.

Associated British Foods's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1851.334	+	1992.376	+	4200.762	+	518.425
	=	8,563

Associated British Foods's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1601.01	+	2117.424	+	4101.01	+	196.97
	=	8,016

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.

Associated British Foods (OTCPK:ASBFF) 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.

Associated British Foods's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1601.01	-	9565.657	+	0.75 * 2117.424	+	0.5 * 4101.01
=	-4,326

Associated British Foods Total Current Assets Related Terms

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Associated British Foods (Associated British Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Associated British Foods PLC (OTCPK:ASBFF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ASBFY:USA ABFl:UK ABF:UK AFO1:Germany

Address

10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY

Website

https://www.abf.co.uk

Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

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