Lifeway Foods (Lifeway Foods) Total Current Assets : $38.2 Mil (As of Dec. 2023)

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What is Lifeway Foods Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lifeway Foods's total current assets for the quarter that ended in Dec. 2023 was $38.2 Mil.

Lifeway Foods Total Current Assets Historical Data

The historical data trend for Lifeway 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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Lifeway Foods Total Current Assets Chart

Lifeway Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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19.20

24.05

29.05

26.98

38.20

Lifeway Foods 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															26.98	27.55	29.66	36.93	38.20

Lifeway 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.

Lifeway Foods'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
	=	13.198	+	13.875	+	9.104	+	2.019
	=	38.2

Lifeway Foods'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
	=	13.198	+	13.875	+	9.104	+	2.019
	=	38.2

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.

Lifeway Foods (NAS:LWAY) 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.

Lifeway Foods'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)
=	13.198	-	21.218	+	0.75 * 13.875	+	0.5 * 9.104
=	6.9

Lifeway Foods Total Current Assets Related Terms

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Lifeway Foods (Lifeway Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lifeway Foods Inc (NAS:LWAY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

LWF:Germany

Address

6431 West Oakton Street, Morton Grove, IL, USA, 60053

Website

https://www.lifewaykefir.com

Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.

Executives

Edward Smolyansky	officer: CFO, Treasurer
Julie Smolyansky	director, officer: President and CEO
Ludmila Smolyansky	director, 10 percent owner
Juan Carlos Dalto	director	3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Perfecto Sanchez	director	153 DIEHL ROAD, CALLICOON NY 12723
Dorri Mcwhorter	director	6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Jody Levy	director	6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
George Sent	director	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Amy M. Feldman	officer: SENIOR EXECUTIVE VP OF SALES	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Neha J Clark	officer: Chief Financial Officer	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Eric A Hanson	officer: Chief Accounting Officer	C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Laurent Marcel	director	C/O DANONE NA, 1 MAPLE AVE, WHITE PLAINS NY 10605
Douglas Hass	officer: Gen Counsel & Asst Corp Sec.	1205 KIMBALL BLVD., JASPER IN 47546
Jennifer Reilly	officer: Sr Exec V. President of Sales	6431 W. OAKTON STREET, MORTON GROVE IL 60053
John P Waldron	officer: Chief Financial officer	LIFEWAY FOODS, INC., 6431 W. OAKTON STREET, MORTON GROVE IL 60053