Market Cap : 45.95 B | Enterprise Value : 57.29 B | PE Ratio : 17.46 | PB Ratio : 4.38 |
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Total current assets includes Cash And Cash Equivalents, Accounts Receivable, Total Inventories, and Other Current Assets. General Mills's total current assets for the quarter that ended in May. 2022 was $5,090 Mil.
The historical data trend for General Mills'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.
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
General Mills's Total Current Assets for the fiscal year that ended in May. 2022 is calculated as
Total Current Assets | = | Cash And Cash Equivalents | + | Accounts Receivable | + | Total Inventories | + | Other Current Assets |
= | 819.2 | + | 1692.1 | + | 1867.3 | + | 442.3 | |
= | 4,821 |
General Mills's Total Current Assets for the quarter that ended in May. 2022 is calculated as
Total Current Assets | = | Cash And Cash Equivalents | + | Accounts Receivable | + | Total Inventories | + | Other Current Assets |
= | 819.2 | + | 1692.1 | + | 1867.3 | + | 442.3 | |
= | 4,821 |
* 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.
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.
General Mills's Liquidation Value for the quarter that ended in May. 2022 is
Liquidation value | |||||||
= | Cash And Cash Equivalents | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 819.2 | - | 20302.1 | + | 0.75 * 1692.1 | + | 0.5 * 1867.3 |
= | -17,280 |
* 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 General Mills's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Thissen Karen Wilson | officer: General Counsel & Secretary | 1098 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474 |
Gallagher Paul Joseph | officer: Chief Supply Chain Officer | 1 GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Montemayor Jaime | officer: Chief Technology Officer | NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Pallot Mark A | officer: Chief Accounting Officer | NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Jenkins Jo Ann | director | 2211 SOUTH 47TH STREET PHOENIX AZ 85034 |
Mcnabb Dana M | officer: Group President | NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Lempres Elizabeth Cahill | director | TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3600 PHILADELPHIA PA 19103 |
Walker Sean N | officer: Group President | NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Neal Diane L | director | |
Benson Jodi J | officer: Chief Innovation Officer | GENERAL MILLS, INC. ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426 |
Sastre Maria | director | C/O DARDEN RESTAURANTS, INC. 1000 DARDEN CENTER DRIVE ORLANDO FL 32837 |
Bishop William W Jr | officer: Group President | C/O BLUE BUFFALO PET PRODUCTS, INC. 11 RIVER ROAD WILTON CT 06897 |
Bruce Kofi A | officer: Vice President | GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426 |
Pollard Ivan | officer: Senior Vice President | GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426 |
Law Christina | officer: Group President | GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426 |
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