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Somero Enterprises (LSE:SOM) Total Current Assets : £43.64 Mil (As of Jun. 2024)


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What is Somero Enterprises Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Somero Enterprises's total current assets for the quarter that ended in Jun. 2024 was £43.64 Mil.

Somero Enterprises Total Current Assets Historical Data

The historical data trend for Somero Enterprises'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.

* Premium members only.

Somero Enterprises Total Current Assets Chart

Somero Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.63 40.62 51.21 53.85 50.49

Somero Enterprises Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.84 53.85 44.01 50.49 43.64

Somero Enterprises 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.

Somero Enterprises'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
=26.316+6.98+15.306+1.886
=50.49

Somero Enterprises's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=16.319+6.661+18.954+1.702
=43.64

* 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.

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.

Somero Enterprises  (LSE:SOM) 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.

Somero Enterprises's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=16.319-11.704+0.75 * 6.661+0.5 * 18.954
=19.09

* 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.

Somero Enterprises Total Current Assets Related Terms

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Somero Enterprises Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Somero Enterprises Inc (LSE:SOM) » Definitions » Total Current Assets
Comparable Companies
LSE:TRYB CAT DE OSTO:VOLV A PCAR XTER:DTG TSE:6301 TSE:6201 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNH SZSE:000425 BOM:500477 OHEL:METSO SZSE:000157 HKSE:03808 OSK AGCO
Traded in Other Exchanges
N/A
Address
14530 Global Parkway, Fort Myers, FL, USA, 33913
Website
https://www.somero.com
Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia).

Somero Enterprises Headlines

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