Pick N Pay Stores (FRA:PIK) Total Current Assets : €988 Mil (As of Feb. 2024)

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What is Pick N Pay Stores Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pick N Pay Stores's total current assets for the quarter that ended in Feb. 2024 was €988 Mil.

Pick N Pay Stores Total Current Assets Historical Data

The historical data trend for Pick N Pay Stores'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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Pick N Pay Stores Total Current Assets Chart

Pick N Pay Stores Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Current Assets

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786.53

931.61

1,114.54

912.56

988.02

Pick N Pay Stores Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Current Assets	Get a 7-Day Free Trial															1,114.54	1,114.44	912.56	958.47	988.02

Pick N Pay Stores 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.

Pick N Pay Stores's Total Current Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	262.411	+	207.43	+	496.56	+	21.62
	=	988

Pick N Pay Stores's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	262.411	+	207.43	+	496.56	+	21.62
	=	988

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.

Pick N Pay Stores (FRA:PIK) 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.

Pick N Pay Stores's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	262.411	-	2276.236	+	0.75 * 207.43	+	0.5 * 496.56
=	-1,610

Pick N Pay Stores Total Current Assets Related Terms

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Pick N Pay Stores Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pick N Pay Stores Ltd (FRA:PIK) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PIK:South Africa PKPYY:USA PIK:Germany

Address

101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708

Website

https://www.pnp.co.za

Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.