Qorvo (BSP:Q1RV34) Total Current Assets : R$11,899 Mil (As of Dec. 2023)

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What is Qorvo Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Qorvo's total current assets for the quarter that ended in Dec. 2023 was R$11,899 Mil.

Qorvo Total Current Assets Historical Data

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

Qorvo Annual Data

Trend

Mar14

Mar15

Mar16

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Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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6,470.97

8,260.13

13,996.48

12,191.51

10,572.39

Qorvo 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	Get a 7-Day Free Trial															11,842.54	10,572.39	10,133.43	11,175.67	11,898.52

Qorvo 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4212.492	+	1724.328	+	4149.15	+	486.415
	=	10,572

Qorvo'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
	=	5252.522	+	2521.756	+	3560.621	+	563.619
	=	11,899

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.

Qorvo (BSP:Q1RV34) 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.

Qorvo'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)
=	5252.522	-	14998.489	+	0.75 * 2370.572	+	0.5 * 3560.621
=	-6,188

Qorvo Total Current Assets Related Terms

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Qorvo (BSP:Q1RV34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qorvo Inc (BSP:Q1RV34) » Definitions » Total Current Assets

Comparable Companies

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QRVO:USA 2QO:Germany

Address

7628 Thorndike Road, Greensboro, NC, USA, 27409-9421

Website

https://www.qorvo.com

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

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