NEXTracker (NEXTracker) Total Current Assets : $1,768 Mil (As of Mar. 2024)

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What is NEXTracker Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NEXTracker's total current assets for the quarter that ended in Mar. 2024 was $1,768 Mil.

NEXTracker Total Current Assets Historical Data

The historical data trend for NEXTracker'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.

NEXTracker Total Current Assets Chart

NEXTracker Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

583.25

714.06

872.27

1,768.24

NEXTracker Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								872.27	1,116.81	1,338.78	1,418.96	1,768.24

NEXTracker 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	474.054	+	779.81	+	201.736	+	312.635
	=	1,768

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	474.054	+	779.81	+	201.736	+	312.635
	=	1,768

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.

NEXTracker (NAS:NXT) 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.

NEXTracker's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	474.054	-	1526.754	+	0.75 * 382.687	+	0.5 * 201.736
=	-665

NEXTracker Total Current Assets Related Terms

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NEXTracker (NEXTracker) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NEXTracker Inc (NAS:NXT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6200 Paseo Padre Parkway, Fremont, CA, USA, 94555

Website

https://www.nextracker.com

NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.

Executives

Daniel S Shugar	director, officer: Chief Executive Officer	3939 NORTH FIRST STREET, SAN JOSE CA 95134
Leah Schlesinger	officer: GC, Ch Eth & Compl Off'r & Sec	6200 PASEO PADRE PARKWAY, FREMONT CA 94555
William D Watkins	director	P O BOX 8, SAINT PETERS MO 63376
Charles D Boynton	director
Flex Ltd.	10 percent owner	2 CHANGI SOUTH LANE, SINGAPORE U0 486123
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Kyra Lynn Whitten	director	17465 RINGEL DRIVE, MORGAN HILL CA 95037
Brandi Elizabeth Thomas	director	C/O NEXTRACKER HQ, 6200 PASEO PADRE PKWY, FREMONT CA 94555
Howard Wenger	officer: President	3939 NORTH FIRST STREET, SAN JOSE CA 95134
Nicholas Marco Miller	officer: Chief Operating Officer	6200 PASEO PADRE PARKWAY, FREMONT CA 94555
Bruce Ledesma	officer: Pres, Strat'y, Software & Admn	3939 NORTH FIRST STREET, SAN JOSE CA 95134
David P Bennett	officer: Chief Financial Officer	3616 NICOLE AVE, PLEASANTON CA 94588
Willy C Shih	director	343 STATE STREET, ROCHESTER NY 146500211
Michael P Hartung	director	6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Steven B. Mandel	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102