USD 22,450 Mil (NAS:COST). Costco Wholesale Corp Total Current Liabilities description, competitive comparison data, historical data and more." />Costco Wholesale Corp Total Current Liabilities (NAS:COST)
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Costco Wholesale Corp  (NAS:COST) Total Current Liabilities: USD 22,450 Mil (As of Feb. 2019)

Total current liabilities includes Accounts Payable & Accrued Expense, Current Portion of Long-Term Debt, Other Current Liabilities, and Current Deferred Liabilities. Costco Wholesale Corp's total current liabilities for the quarter that ended in Feb. 2019 was USD 22,450


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Costco Wholesale Corp Annual Data

Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,412.00 16,539.00 15,575.00 17,495.00 19,926.00

Costco Wholesale Corp Quarterly Data

May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,913.00 19,411.00 19,926.00 22,473.00 22,450.00

Calculation

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

Costco Wholesale Corp's Total Current Liabilities for the fiscal year that ended in Aug. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=15288+0
+Other Current Liabilities+Current Deferred Liabilities
=3014+1624
=19,926

Costco Wholesale Corp's Total Current Liabilities for the quarter that ended in Feb. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=15014+1698
+Other Current Liabilities+Current Deferred Liabilities
=4003+1735
=22,450

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Working Capital and the Current Ratio. 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.

Total Current Liabilities is also linked to Working Capital, 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


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