La-Z-Boy (La-Z-Boy) Total Current Liabilities : $440 Mil (As of Jan. 2024)

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What is La-Z-Boy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. La-Z-Boy's total current liabilities for the quarter that ended in Jan. 2024 was $440

La-Z-Boy Total Current Liabilities Historical Data

The historical data trend for La-Z-Boy'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.

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La-Z-Boy Total Current Liabilities Chart

La-Z-Boy Annual Data

Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23

Total Current Liabilities

Get a 7-Day Free Trial 238.64 350.17 611.67 675.69 475.86

La-Z-Boy Quarterly Data

Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24

Total Current Liabilities Get a 7-Day Free Trial 509.38 475.86 437.91 431.81 439.94

La-Z-Boy Total Current Liabilities Calculation

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

La-Z-Boy's Total Current Liabilities for the fiscal year that ended in Apr. 2023 is calculated as

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

= 190.695 + 77.751

+ Other Current Liabilities + Current Deferred Liabilities

= 56.71 + 150.705

= 476

La-Z-Boy's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

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

= 362.341 + 77.601

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 440

* 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

La-Z-Boy Total Current Liabilities Related Terms
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La-Z-Boy (La-Z-Boy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » Total Current Liabilities

Comparable Companies

AMWD MLKN ETD MBC LEG PATK SNBR LOVE HBB COOK SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 TPX SN MHK XPAR:SK WHR SZSE:002032

Traded in Other Exchanges

LAZ:Germany

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.

Executives

Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117

Raza Syed Haider director ONE LA-Z-BOY DRIVE, MONROE MI 48162

Rebecca M Reeder officer: Pres., Retail LZB Furn. Gall. 1 LA-Z-BOY DRIVE, MONROE MI 48162

Mark Stephen Lavigne director 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141

Katherine E. Vanderjagt officer: VP & Chief HR Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162

Robert Ii Sundy officer: SVP & Chief Commercial Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162

Carol Young Lee officer: VP & Chief Information Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162

Terrence James Linz officer: President, La-Z-Boy Retail 1 LA-Z-BOY DRIVE, MONROE MI 48162

Bryan Keith Wilson officer: President Int'l & Joybird 6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU

Michael Adam Leggett officer: Sr VP & Chief Supply Chain Off 1 LA-Z-BOY DRIVE, MONROE MI 48162

Kurt L Darrow director, officer: Chairman, President & CEO ONE LA-Z-BOY DRIVE, MONROE MI 48162

Erika L. Alexander director 10400 FERNWOOD RD., BETHESDA MD 20817

Otis S Sawyer officer: Senior Vice President ONE LA-Z-BOY DRIVE, MONROE MI 48162

Raphaell Z. Richmond officer: VP, GC & Chief Compliance Off ONE LA-Z-BOY DRIVE, MONROE MI 48162

Jennifer Lynn Mccurry officer: Chief Accounting Officer ONE LA-Z-BOY DRIVE, MONROE MI 48162

La-Z-Boy (La-Z-Boy) Headlines

From GuruFocus

Tipperary Sales, a La-Z-Boy Home Furnishings & D�cor Dealer, Names Heather Morin Chief Financial Officer
By PRNewswire PRNewswire • 11-30-2022

La-Z-Boy Announces Timing of First Quarter Fiscal 2024 Earnings Release/ Conference Call
By Marketwired • 08-08-2023

Carol Y. Lee Joins La-Z-Boy Incorporated as Chief Information Officer
By GuruFocusNews GuruFocusNews • 07-04-2022

La-Z-Boy Announces Fiscal 2022 Fourth-Quarter and Full-Year Conference Call
By GuruFocusNews GuruFocusNews • 07-07-2022

La-Z-Boy to Present at Raymond James 44th Annual Institutional Investors Conference
By sperokesalga sperokesalga • 02-27-2023

Is It a Good Time to Consider La-Z-Boy?
By Praveen Chawla • 12-30-2022

La-Z-Boy Finalizes Previously Announced Newton, MS Facility Closure
By PurpleRose PurpleRose • 07-18-2022

La-Z-Boy Declares Quarterly Dividend
By sperokesalga sperokesalga • 05-02-2023

La-Z-Boy Inc's Dividend Analysis
By GuruFocus Research • 12-08-2023

Director Janet Kerr Sells 4,582 Shares of La-Z-Boy Inc (LZB)
By GuruFocus Research • 09-28-2023

La-Z-Boy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Liabilities	Get a 7-Day Free Trial															509.38	475.86	437.91	431.81	439.94

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	190.695	+	77.751
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	56.71	+	150.705
	=	476

Janet Kerr	director	50 CASTILIAN DR, GOLETA CA 93117
Raza Syed Haider	director	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder	officer: Pres., Retail LZB Furn. Gall.	1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne	director	533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt	officer: VP & Chief HR Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy	officer: SVP & Chief Commercial Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee	officer: VP & Chief Information Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Terrence James Linz	officer: President, La-Z-Boy Retail	1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson	officer: President Int'l & Joybird	6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Michael Adam Leggett	officer: Sr VP & Chief Supply Chain Off	1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow	director, officer: Chairman, President & CEO	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander	director	10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer	officer: Senior Vice President	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond	officer: VP, GC & Chief Compliance Off	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Jennifer Lynn Mccurry	officer: Chief Accounting Officer	ONE LA-Z-BOY DRIVE, MONROE MI 48162