Millenniumpthorne Hotels (Millenniumpthorne Hotels) Total Current Assets : $725 Mil (As of Jun. 2019)

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What is Millenniumpthorne Hotels Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Millenniumpthorne Hotels's total current assets for the quarter that ended in Jun. 2019 was $725 Mil.

Millenniumpthorne Hotels Total Current Assets Historical Data

The historical data trend for Millenniumpthorne Hotels'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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Millenniumpthorne Hotels Total Current Assets Chart

Millenniumpthorne Hotels Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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898.28

600.30

664.17

780.16

758.23

Millenniumpthorne Hotels Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Total Current Assets	Get a 7-Day Free Trial															738.03	746.41	758.23	764.16	724.97

Millenniumpthorne Hotels 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.

Millenniumpthorne Hotels's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	474.684	+	58.228	+	151.899	+	73.417
	=	758

Millenniumpthorne Hotels's Total Current Assets for the quarter that ended in Jun. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	434.728	+	133.08	+	157.161	+	-0.00100000000009
	=	725

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.

Millenniumpthorne Hotels (OTCPK:MLCTF) 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.

Millenniumpthorne Hotels's Liquidation Value for the quarter that ended in Jun. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	434.728	-	2148.289	+	0.75 * 133.08	+	0.5 * 157.161
=	-1,535

Millenniumpthorne Hotels Total Current Assets Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Millennium & Copthorne Hotels PLC (OTCPK:MLCTF) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

Scarsdale Place, Kensington, London, GBR, W8 5SR

Website

http://www.millenniumhotels.com

Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

From GuruFocus

Millennium Hotels and Resorts to Hold Groundbreaking Ceremony for First New Build Project in the U.S., M Social Sunnyvale

By PRNewswire PRNewswire • 10-16-2018

Value Investing With Millennium & Copthorne Pays Off

By Holmes Osborne, CFA Holmes Osborne, CFA • 06-13-2019