Planet Fitness (Planet Fitness) Total Current Assets : $472 Mil (As of Dec. 2023)

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What is Planet Fitness Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Planet Fitness's total current assets for the quarter that ended in Dec. 2023 was $472 Mil.

Planet Fitness Total Current Assets Historical Data

The historical data trend for Planet Fitness'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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Planet Fitness Total Current Assets Chart

Planet Fitness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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540.14

566.82

662.41

555.53

471.82

Planet Fitness 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															555.53	588.76	505.34	540.12	471.82

Planet Fitness 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.

Planet Fitness'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
	=	350.743	+	56.276	+	4.677	+	60.121
	=	472

Planet Fitness'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
	=	350.743	+	56.276	+	4.677	+	60.121
	=	472

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.

Planet Fitness (NYSE:PLNT) 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.

Planet Fitness'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)
=	350.743	-	3088.684	+	0.75 * 41.89	+	0.5 * 4.677
=	-2,704

Planet Fitness Total Current Assets Related Terms

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Planet Fitness (Planet Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Planet Fitness Inc (NYSE:PLNT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

3PL:Germany

Address

4 Liberty Lane West, Hampton, NH, USA, 03842

Website

https://www.planetfitness.com

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

Executives

Craig R Benson	director
Christopher Rondeau	director, officer: CEO	4 LIBERTY LANE WEST, C/O PLANET FITNESS INC, HAMPTON NH 03842
Jennifer Simmons	officer: Div President, Corp Stores	4 LIBERTY LANE WEST, HAMPTON NH 03842
Brian O'donnell	officer: VP, Chief Accounting Officer	4 LIBERTY LANE WEST, HAMPTON NH 03842
Edward Hymes	officer: President, COO	4 LIBERTY LANE WEST, HAMPTON NH 03842
William Bode	officer: Chief Operations Officer	4 LIBERTY LANE WEST, HAMPTON NH 03842
Shane Mcguiness	officer: President, Corporate Clubs	4 LIBERTY LANE WEST, HAMPTON NH 03842
Jeremy Tucker	officer: Chief Marketing Officer	4 LIBERTY LANE WEST, HAMPTON NH 03842
Dorvin D Lively	officer: CFO
Fitzgerald Thomas J Iii	officer: Chief Financial Officer	111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Bernard Acoca	director	C/O EL POLLO LOCO HOLDINGS, INC., 3535 HARBOR BLVD., SUITE 100, COSTA MESA CA 92626
Christopher Tanco	director	2001 COTTONWOOD VALLEY CIRCLE SOUTH, IRVING TX 75038
Craig Jeffrey Miller	officer: Chief Digital & Information Of	5008 HARTRIDGE WAY, GREENSBORO NC 27407
Enshalla Anderson	director	4 LIBERTY LANE WEST, HAMPTON NH 03842
David P Berg	director	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423