Kronos Worldwide (FRA:K1W) Total Current Assets : €1,025 Mil (As of Dec. 2023)

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What is Kronos Worldwide Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kronos Worldwide's total current assets for the quarter that ended in Dec. 2023 was €1,025 Mil.

Kronos Worldwide Total Current Assets Historical Data

The historical data trend for Kronos Worldwide'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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Kronos Worldwide Total Current Assets Chart

Kronos Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,097.73

1,001.44

1,113.33

1,172.64

1,024.66

Kronos Worldwide Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,172.64	1,060.18	974.41	936.72	1,024.66

Kronos Worldwide 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.

Kronos Worldwide'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
	=	178.54	+	286.562	+	517.738	+	41.816
	=	1,025

Kronos Worldwide's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	178.54	+	286.562	+	517.738	+	41.816
	=	1,025

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.

Kronos Worldwide (FRA:K1W) 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.

Kronos Worldwide's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	178.54	-	944.235	+	0.75 * 250.891	+	0.5 * 517.738
=	-319

Kronos Worldwide Total Current Assets Related Terms

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Kronos Worldwide (FRA:K1W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kronos Worldwide Inc (FRA:K1W) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

KRO:USA K1W:Germany

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.kronostio2.com

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

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