CorVel (CorVel) Total Current Liabilities : $188.4 Mil (As of Dec. 2023)

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What is CorVel Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CorVel's total current liabilities for the quarter that ended in Dec. 2023 was $188.4

CorVel Total Current Liabilities Historical Data

The historical data trend for CorVel's Total Current Liabilities 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.

* Premium members only.

CorVel Total Current Liabilities Chart

CorVel Annual Data

Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23

Total Current Liabilities

Get a 7-Day Free Trial 116.92 133.69 162.46 171.37 167.89

CorVel Quarterly Data

Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 186.43 167.89 187.73 186.50 188.39

CorVel Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

CorVel's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 50.987 + 9.9

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 107

= 167.9

CorVel's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 68.41 + 9.316

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 110.661

= 188.4

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

CorVel Total Current Liabilities Related Terms
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CorVel (CorVel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CorVel Corp (NAS:CRVL) » Definitions » Total Current Liabilities

Comparable Companies

BRP CRD.A QDMID SLQT FANH EHTH ZBAO GOCO HUIZ RELI MMC AON AJG WTW BRO ERIE BOM:543390 ASX:SDF ASX:AUB GPROFUT

Traded in Other Exchanges

N/A

Address

5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109

Website

https://www.corvel.com

CorVel Corp applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. The company's solutions combine integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients.

Executives

Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614

Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067

Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679

Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614

Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614

Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614

Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614

Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614

Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614

CorVel (CorVel) Headlines

From GuruFocus

CorVel Announces Revenues and Earnings
By PurpleRose PurpleRose • 08-02-2022

CorVel Announces Revenues and Earnings
By PurpleRose PurpleRose • 07-15-2022

CorVel Corp (CRVL) Reports 10.5% Revenue Growth and 38.6% Increase in EPS for Q2 2023
By GuruFocus Research • 10-31-2023

CorVel Promotes Jeff Gurtcheff to the Position of Chief Claims Officer
By Marketwired • 10-26-2023

Symbeo, a CorVel Company, launches payment solution purpose-built to meet today's B2B challenges
By Marketwired • 07-25-2023

CorVel Announces Revenues and Earnings
By Marketwired • 08-01-2023

CorVel Recognized as a Great Place to Work� Certified Company
By sperokesalga sperokesalga • 03-01-2023

CorVel Announces Revenues and Earnings
By Stock market mentor Stock market mentor • 01-31-2023

Randy Jouben Receives 2023 Workers' Comp Risk Management Award for Excellence
By Marketwired • 08-22-2023

Insider Sell: Chairman V Clemons Sells 4,000 Shares of CorVel Corp
By GuruFocus Research • 08-07-2023

CorVel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial															186.43	167.89	187.73	186.50	188.39

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	50.987	+	9.9
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	107
	=	167.9

Brandon O'brien	officer: Chief Financial Officer	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
V Gordon Clemons	director, officer: Chairman of the Board	2010 MAIN STREET, STE 600, IRVINE CA 92614
Steven J Hamerslag	director	PO BOX 7227, RANCHO SANTA FE CA 92067
Maxim Shishin	officer: Chief Information Officer	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael G Combs	officer: Chief Information Officer	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Jean Macino	director	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
R Judd Jessup	director	30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Mark E. Bertels	officer: EVP - Risk Management Services	1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Corstar Holdings Inc	10 percent owner	2010 MAIN STREET STE 800, IRVINE CA 92614
Jennifer Yoss	officer: Vice President of Accounting	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn	officer: Division President	1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Jeffrey J Michael	director	2010 MAIN STREET STE 600, IRVINE CA 92614
Alan Hoops	director	2010 MAIN ST STE 600, IRVINE CA 92614
Diane Blaha	officer: Sr. VP of Sales & Account Mgmt	2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien	officer: Exec. VP, Risk Mgmt. Services	2010 MAIN STREET, SUITE 600, IRVINE CA 92614