GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AZ Electronic Materials SA (LSE:ZEMA) » Definitions » Total Current Assets

AZ Electronic Materials (LSE:ZEMA) Total Current Assets : £201.54 Mil (As of Dec. 2013)


View and export this data going back to . Start your Free Trial

What is AZ Electronic Materials Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. AZ Electronic Materials's total current assets for the quarter that ended in Dec. 2013 was £201.54 Mil.


AZ Electronic Materials Total Current Assets Historical Data

The historical data trend for AZ Electronic Materials'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.

AZ Electronic Materials Total Current Assets Chart

AZ Electronic Materials Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Total Current Assets
293.92 230.95 248.78 217.21 201.54

AZ Electronic Materials Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Total Current Assets Get a 7-Day Free Trial 248.78 253.73 217.21 206.01 201.54

AZ Electronic Materials 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.

AZ Electronic Materials's Total Current Assets for the fiscal year that ended in Dec. 2013 is calculated as

AZ Electronic Materials's Total Current Assets for the quarter that ended in Dec. 2013 is calculated as

* 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.


AZ Electronic Materials  (LSE:ZEMA) 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.

AZ Electronic Materials's Liquidation Value for the quarter that ended in Dec. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=66.856-418.582+0.75 * 72.407+0.5 * 45.445
=-274.70

* 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.


AZ Electronic Materials Total Current Assets Related Terms

Thank you for viewing the detailed overview of AZ Electronic Materials's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


AZ Electronic Materials (LSE:ZEMA) Business Description

Traded in Other Exchanges
N/A
Address
AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

AZ Electronic Materials (LSE:ZEMA) Headlines

No Headlines