Turtle Beach (FRA:0P1A) Total Current Assets : €129.3 Mil (As of Mar. 2024)

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What is Turtle Beach Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Turtle Beach's total current assets for the quarter that ended in Mar. 2024 was €129.3 Mil.

Turtle Beach Total Current Assets Historical Data

The historical data trend for Turtle Beach'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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Turtle Beach Total Current Assets Chart

Turtle Beach Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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92.29

139.72

170.90

127.61

114.49

Turtle Beach 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															111.01	104.11	122.71	114.49	129.33

Turtle Beach 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.

Turtle Beach'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
	=	17.172	+	49.876	+	40.365	+	7.079
	=	114.5

Turtle Beach'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
	=	16.391	+	39.475	+	63.969	+	9.496
	=	129.3

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.

Turtle Beach (FRA:0P1A) 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.

Turtle Beach'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)
=	16.391	-	122.51	+	0.75 * 39.475	+	0.5 * 63.969
=	-44.5

Turtle Beach Total Current Assets Related Terms

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Turtle Beach (FRA:0P1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (FRA:0P1A) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HEAR:USA 0P1A:Germany

Address

44 South Broadway, 4th Floor, White Plains, NY, USA, 10601

Website

https://corp.turtlebeach.com

Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.

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