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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quanex Building Products's total current assets for the quarter that ended in Jan. 2024 was $253 Mil.
The historical data trend for Quanex Building Products'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.
Quanex Building Products Annual Data | |||||||||||||||||||||
Trend | Oct14 | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 190.33 | 207.31 | 249.05 | 280.67 | 273.60 |
Quanex Building Products Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Total Current Assets | Get a 7-Day Free Trial | 266.61 | 263.76 | 287.59 | 273.60 | 253.00 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Quanex Building Products's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 58.474 | + | 105.609 | + | 97.959 | + | 11.558 | |
= | 274 |
Quanex Building Products's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 44.422 | + | 87.705 | + | 107.478 | + | 13.39 | |
= | 253 |
* 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.
Quanex Building Products (NYSE:NX) 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.
Quanex Building Products's Liquidation Value for the quarter that ended in Jan. 2024 is
Liquidation value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 44.422 | - | 258.391 | + | 0.75 * 80.063 | + | 0.5 * 107.478 |
= | -100 |
* 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 Quanex Building Products's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Curtis M Stevens | director | LOUISIANA-PACIFIC CORPORATION, 414 UNION STREET, SUITE 1910, NASHVILLE TN 37219 |
Susan F Davis | director | |
William C Griffiths | director | C/O SPX CORPORATION, 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Paul Cornett | officer: SVP General Counsel, Secretary | 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Karen Ettredge | officer: VP, Controller | 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Bradley E. Hughes | director | 2420 BRADWAY BOULEVARD, BLOOMFIELD VILLAGE MI 48301 |
Jason Lippert | director | C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103 |
George Laverne Wilson | officer: Chief Operating Officer | 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Kimberley Garcia | officer: VP, CHRO | 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Meredith W. Mendes | director | 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523 |
Scott M. Zuehlke | officer: VP, IR & Treasurer | 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Joseph D Rupp | director | QUANEX BUILDING PRODUCTS CORPORATION, 1800 W LOOP SOUTH, SUITE 1500, HOUSTON TX 77027 |
Waltz William E Jr. | director | 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426 |
Mark A Livingston | officer: VP CAO Controller | 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042 |
Kevin P Delaney | officer: SVP-Gen. Counsel & Secretary | 1900 WEST LOOP SOUTH SUITE 1500, HOUSTON TX 77027 |
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