IAA (IAA) Total Current Assets : $788 Mil (As of Dec. 2022)

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What is IAA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. IAA's total current assets for the quarter that ended in Dec. 2022 was $788 Mil.

IAA Total Current Assets Historical Data

The historical data trend for IAA'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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IAA Total Current Assets Chart

IAA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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441.80

460.00

692.00

769.90

788.40

IAA Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Current Assets	Get a 7-Day Free Trial															769.90	731.70	686.60	702.10	788.40

IAA 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.

IAA's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	195.9	+	445.2	+	0	+	147.3
	=	788

IAA's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	195.9	+	445.2	+	0	+	147.3
	=	788

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.

IAA (NYSE:IAA) 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.

IAA's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	195.9	-	2795.6	+	0.75 * 445.2	+	0.5 * 0
=	-2,266

IAA Total Current Assets Related Terms

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IAA (IAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IAA Inc (NYSE:IAA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154

Website

https://www.iaai.com

IAA Inc provides auction solutions for total loss, damaged, and low-value vehicles. The company facilitates the selling and purchasing of vehicles from a variety of resources, including insurance carriers, used-vehicle dealers, rental car and fleet lease companies, dealerships, and more. The company operates in two reportable segments: United States and International, of which the United States derives the majority of revenue.

Executives

Michael D Sieger	director	C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143
Peter H Kamin	director	2720 DONALD ROSS ROAD, #311, PALM BEACH GARDENS FL 33410
Susan L. Healy	officer: Chief Financial Officer	C/O IAA, INC., 2 WESTBROOK CORPORATE CENTER, SUITE 500, WESTCHESTER IL 60154
Christopher Carlson	officer: VP and Corporate Controller	111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Lynn Jolliffe	director	INGRAM MICRO INC., 1600 EAST SAINT ANDREW PLACE, SANTA ANA CA 92705
Gail Evans	director	C/O IAA, INC., TWO WESTBROOK CORPORATE CENTER, STE 500, WESTCHESTER IL 60154
John P. Larson	director	13085 HAMILTON CROSSING BLVD., CARMEL IN 46032
Timothy J. O'day	officer: Chief Operating Officer	TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
William J Breslin	director	TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
Maju Abraham	officer: Chief Information Officer	TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
Sidney Peryar	officer: Chief Legal Officer	TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
Olaf Kastner	director	TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
John W Kett	director, officer: Chief Executive Officer	TWO WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Sue Gove	director	901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Vance Cushman Johnston	officer: Chief Financial Officer	1 N BRENTWOOD BLVD, ST LOUIS MO 63105