LZB (La-Z-Boy) Total Current Assets : $841 Mil (As of Jan. 2025)

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What is La-Z-Boy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. La-Z-Boy's total current assets for the quarter that ended in Jan. 2025 was $841 Mil.

La-Z-Boy Total Current Assets Historical Data

The historical data trend for La-Z-Boy'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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La-Z-Boy Total Current Assets Chart

La-Z-Boy Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Current Assets

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626.33

926.16

951.78

854.60

836.81

La-Z-Boy Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial															850.39	836.81	834.38	819.16	840.91

La-Z-Boy 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.

La-Z-Boy'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
	=	341.098	+	139.213	+	263.237	+	93.26
	=	837

La-Z-Boy's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	314.589	+	127.612	+	288.72	+	109.991
	=	841

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.

La-Z-Boy (NYSE:LZB) 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.

La-Z-Boy's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	314.589	-	926.705	+	0.75 * 127.612	+	0.5 * 288.72
=	-372

La-Z-Boy Total Current Assets Related Terms

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La-Z-Boy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

LAZ:Germany LAZ:Germany

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment.

Executives

Janet Kerr	director	50 CASTILIAN DR, GOLETA CA 93117
Jennifer Lynn Mccurry	officer: Chief Accounting Officer	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Michael Adam Leggett	officer: Sr VP & Chief Supply Chain Off	1 LA-Z-BOY DRIVE, MONROE MI 48162
Raza Syed Haider	director	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder	officer: Pres., Retail LZB Furn. Gall.	1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne	director	533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt	officer: VP & Chief HR Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee	officer: VP & Chief Information Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson	officer: President Int'l & Joybird	6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Terrence James Linz	officer: President, La-Z-Boy Retail	1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy	officer: SVP & Chief Commercial Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow	director, officer: Chairman, President & CEO	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander	director	10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer	officer: Senior Vice President	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond	officer: VP, GC & Chief Compliance Off	ONE LA-Z-BOY DRIVE, MONROE MI 48162