Diamondrock Hospitality Co (Diamondrock Hospitality Co) Total Current Assets : $320.99 Mil (As of Mar. 2024)

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What is Diamondrock Hospitality Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diamondrock Hospitality Co's total current assets for the quarter that ended in Mar. 2024 was $320.99 Mil.

Diamondrock Hospitality Co Total Current Assets Historical Data

The historical data trend for Diamondrock Hospitality Co'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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Diamondrock Hospitality Co Total Current Assets Chart

Diamondrock Hospitality Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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271.00

204.34

196.18

283.89

311.86

Diamondrock Hospitality Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															271.55	300.28	312.94	311.86	320.99

Diamondrock Hospitality Co 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.

Diamondrock Hospitality Co'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
	=	121.595	+	144.689	+	0	+	45.576
	=	311.86

Diamondrock Hospitality Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	120.064	+	155.744	+	0	+	45.18
	=	320.99

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.

Diamondrock Hospitality Co (NYSE:DRHpA.PFD) 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.

Diamondrock Hospitality Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	120.064	-	1589.555	+	0.75 * 155.744	+	0.5 * 0
=	-1,352.68

Diamondrock Hospitality Co Total Current Assets Related Terms

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Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Diamondrock Hospitality Co (NYSE:DRHpA.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DRH:USA

Address

2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814

Website

https://www.drhc.com

Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.