Vimi Fasteners SpA (MIL:VIM) Total Current Assets : €37.63 Mil (As of Jun. 2024)

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What is Vimi Fasteners SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vimi Fasteners SpA's total current assets for the quarter that ended in Jun. 2024 was €37.63 Mil.

Vimi Fasteners SpA Total Current Assets Historical Data

The historical data trend for Vimi Fasteners SpA'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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Vimi Fasteners SpA Total Current Assets Chart

Vimi Fasteners SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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24.83

25.09

25.64

34.65

30.36

Vimi Fasteners SpA Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial													25.64	36.09	34.65	37.63	30.36

Vimi Fasteners SpA 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.

Vimi Fasteners SpA'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
	=	2.991	+	16.12	+	13.381	+	2.157
	=	34.65

Vimi Fasteners SpA'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
	=	5.135	+	17.363	+	14.171	+	0.959
	=	37.63

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.

Vimi Fasteners SpA (MIL:VIM) 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.

Vimi Fasteners SpA'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)
=	5.135	-	47.214	+	0.75 * 16.657	+	0.5 * 14.171
=	-22.50

Vimi Fasteners SpA Total Current Assets Related Terms

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Vimi Fasteners SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vimi Fasteners SpA (MIL:VIM) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017

Website

https://www.vimifasteners.com

Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

Vimi Fasteners SpA Headlines

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