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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Inspire Medical Systems's total current assets for the quarter that ended in Dec. 2023 was $593.7 Mil.
The historical data trend for Inspire Medical Systems'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.
Inspire Medical Systems Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Total Current Assets | Get a 7-Day Free Trial | 170.64 | 269.87 | 268.54 | 530.03 | 593.74 |
Inspire Medical Systems 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 | 530.03 | 533.58 | 560.08 | 569.59 | 593.74 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Inspire Medical Systems'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 |
= | 460.375 | + | 89.884 | + | 33.885 | + | 9.595 | |
= | 593.7 |
Inspire Medical Systems'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 |
= | 460.375 | + | 89.884 | + | 33.885 | + | 9.595 | |
= | 593.7 |
* 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.
Inspire Medical Systems (NYSE:INSP) 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.
Inspire Medical Systems'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) |
= | 460.375 | - | 104.297 | + | 0.75 * 89.884 | + | 0.5 * 33.885 |
= | 440.4 |
* 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 Inspire Medical Systems's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Timothy P. Herbert | director, 10 percent owner, officer: CEO and President | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Jerry C Griffin | director | 887L INDUSTRIAL ROAD, SAN CARLOS CA 94070 |
Carlton Weatherby | officer: Chief Strategy Officer | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Steven Jandrich | officer: Chief Comp Off & VP, Human Res | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Philip Ebeling | officer: Chief Operating Officer | INSPIRE MEDICAL SYSTEMS, INC., 5500 WAYZATA BLVD., SUITE 1600, GOLDEN VALLEY MN 55416 |
John Rondoni | officer: Chief Technology Officer | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Richard Buchholz | officer: Chief Financial Officer | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Randy Ban | officer: Senior VP. & Sales & Marketing | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Marilyn C Nelson | director | C/O EXXON MOBIL CORP, 5959 LAS COLINAS BLVD., IRVING TX 75039-2298 |
Cynthia Burks | director | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Charisse Y Sparks | director | C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369 |
Georgia Melenikiotou | director | C/O INSPIRE MEDICAL SYSTEMS, INC., 5500 WAYZATA BOULEVARD, SUITE 1600, GOLDEN VALLEY MN 55416 |
Bryan K Phillips | officer: See Remarks | 9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344 |
Shelley G. Broader | director | 880 CARILLON PARKWAY, ST. PETERSBURG FL 33702 |
Casey M Tansey | director, 10 percent owner | 2735 SAND HILL ROAD, MENLO PARK CA 94025 |
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