NetApp (LTS:0K6F) Total Current Assets : $3,939 Mil (As of Oct. 2024)

View and export this data going back to 2018. Start your Free Trial

What is NetApp Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NetApp's total current assets for the quarter that ended in Oct. 2024 was $3,939 Mil.

NetApp Total Current Assets Historical Data

The historical data trend for NetApp'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.

NetApp Total Current Assets Chart

NetApp Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Current Assets

Get a 7-Day Free Trial

4,274.00

6,001.00

5,945.00

4,680.00

4,897.00

NetApp Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Total Current Assets	Get a 7-Day Free Trial															3,993.00	4,327.00	4,897.00	4,321.00	3,939.00

NetApp 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.

NetApp's Total Current Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3252	+	1007	+	186	+	452
	=	4,897

NetApp's Total Current Assets for the quarter that ended in Oct. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2222	+	873	+	317	+	527
	=	3,939

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.

NetApp (LTS:0K6F) 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.

NetApp's Liquidation Value for the quarter that ended in Oct. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2222	-	8112	+	0.75 * 873	+	0.5 * 317
=	-5,077

NetApp Total Current Assets Related Terms

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

NetApp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (LTS:0K6F) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NTAP:USA NTAP:Mexico NTA:Germany NTA:Germany NTA:Germany N1TA34:Brazil

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

NetApp Headlines

No Headlines