Taylor Devices (Taylor Devices) Total Current Assets : $41.19 Mil (As of Feb. 2024)

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What is Taylor Devices Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Taylor Devices's total current assets for the quarter that ended in Feb. 2024 was $41.19 Mil.

Taylor Devices Total Current Assets Historical Data

The historical data trend for Taylor Devices'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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Taylor Devices Total Current Assets Chart

Taylor Devices Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Current Assets

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30.77

34.42

34.11

37.98

44.38

Taylor Devices Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															41.50	44.38	46.76	47.96	41.19

Taylor Devices 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.

Taylor Devices's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.09	+	9.678	+	5.941	+	0.669
	=	44.38

Taylor Devices's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	24.624	+	9.421	+	6.678	+	0.465
	=	41.19

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.

Taylor Devices (NAS:TAYD) 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.

Taylor Devices's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.624	-	6.956	+	0.75 * 4.887	+	0.5 * 6.678
=	24.67

Taylor Devices Total Current Assets Related Terms

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Taylor Devices (Taylor Devices) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Taylor Devices Inc (NAS:TAYD) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120

Website

https://www.taylordevices.com

Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.

Executives

Ira Sochet	10 percent owner	24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko	director, officer: CHIEF EXECUTIVE OFFICER	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary	officer: Chief Financial Officer	TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk	director, officer: PRESIDENT	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark	director	475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough	officer: Chief Financial Officer	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor	director, officer: President	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar	director	TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill	director, officer: Vice President	90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii	director	PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel	director, officer: Secretary
Baird Foundation Cameron	10 percent owner	C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202