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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avis Budget Group's total current assets for the quarter that ended in Dec. 2023 was $2,139 Mil.
The historical data trend for Avis Budget Group'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.
Avis Budget Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 2,145.00 | 1,795.00 | 1,847.00 | 1,886.00 | 2,139.00 |
Avis Budget Group 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 | 1,886.00 | 1,983.00 | 2,233.00 | 2,226.00 | 2,139.00 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Avis Budget Group'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 |
= | 555 | + | 1092 | + | 0 | + | 492 | |
= | 2,139 |
Avis Budget Group'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 |
= | 555 | + | 1092 | + | 0 | + | 492 | |
= | 2,139 |
* 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.
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.
Avis Budget Group (NAS:CAR) 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.
Avis Budget Group'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) |
= | 555 | - | 32912 | + | 0.75 * 900 | + | 0.5 * 0 |
= | -31,682 |
* 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.
Thank you for viewing the detailed overview of Avis Budget Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph A. Ferraro | officer: President, Americas | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Izilda P Martins | officer: Sr VP and Acting CAO | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Patrick K Rankin | officer: President, International | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Lynn Krominga | director | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Edward P Linnen | officer: SVP, Chief HR Officer | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Bernardo Hees | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Karthik R. Sarma | director, 10 percent owner | ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036 |
Jean M Sera | officer: SVP, GC & Corp. Sec. | AVIS BUDGET GROUP, 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Glenn Lurie | director | C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807 |
Ravi Simhambhatla | officer: EVP, CDIO - see remarks | 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054 |
Anu Hariharan | director | 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025 |
Cathleen Degenova | officer: Chief Accounting Officer | 6 SYLVAN WAY, PARSIPPANY NJ 07054 |
Veresh Sita | officer: EVP, CDIO (1) | 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054 |
Brian J Choi | director | C/O SRS INVESTMENT MANAGEMENT, LLC, ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036 |
Srs Investment Management, Llc | 10 percent owner | 1 BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036 |
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