NXPRF (Nexans) Total Current Assets : $4,784 Mil (As of Jun. 2024)

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What is Nexans Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nexans's total current assets for the quarter that ended in Jun. 2024 was $4,784 Mil.

Nexans Total Current Assets Historical Data

The historical data trend for Nexans'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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Nexans Total Current Assets Chart

Nexans Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,405.56

4,000.00

3,993.22

4,247.88

4,139.59

Nexans Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial															4,440.80	4,247.88	4,495.13	4,139.59	4,783.64

Nexans 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.

Nexans'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
	=	1233.37	+	1229.008	+	1438.386	+	238.822
	=	4,140

Nexans'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
	=	1205.597	+	1720.129	+	1526.372	+	331.54
	=	4,784

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.

Nexans (OTCPK:NXPRF) 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.

Nexans'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)
=	1205.597	-	6348.762	+	0.75 * 1374.596	+	0.5 * 1526.372
=	-3,349

Nexans Total Current Assets Related Terms

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Nexans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (OTCPK:NXPRF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NEXNY:USA NEX:Mexico NEXp:UK 0IGF:UK NEX:France NXS:Germany NEX:Austria

Address

Nexans 4, allee de l'Arche, Courbevoie, FRA, 92400

Website

https://www.nexans.com

Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The Building and Territories segment provides reliable cabling systems and smart energy solutions enabling buildings and territories to be more efficient, sustainable, and people friendly. The generation and Transmission segment partners with its customers from the start of the cycle right through to the end (systems management) to help them find the cabling solution that is the best suited to their needs in terms of efficiency and reliability. Industry and Solutions: this segment provides support to OEMs and industrial infrastructure project managers in personalizing their cabling. Geographically France, Germany, and Norway are the three markets for the company.