Nordic Semiconductor ASA (OSL:NOD) Total Current Assets : kr5,953 Mil (As of Mar. 2024)

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What is Nordic Semiconductor ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nordic Semiconductor ASA's total current assets for the quarter that ended in Mar. 2024 was kr5,953 Mil.

Nordic Semiconductor ASA Total Current Assets Historical Data

The historical data trend for Nordic Semiconductor ASA'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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Nordic Semiconductor ASA Total Current Assets Chart

Nordic Semiconductor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,981.57

3,499.46

4,382.53

6,660.38

6,427.09

Nordic Semiconductor ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															5,839.77	6,250.12	6,064.88	6,427.09	5,952.90

Nordic Semiconductor ASA 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.

Nordic Semiconductor ASA'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
	=	3044.388	+	1637.161	+	1720.502	+	25.034000000001
	=	6,427

Nordic Semiconductor ASA'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
	=	2493.981	+	1362.434	+	2096.495	+	-0.010000000000218
	=	5,953

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.

Nordic Semiconductor ASA (OSL:NOD) 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.

Nordic Semiconductor ASA'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)
=	2493.981	-	2613.877	+	0.75 * 1091.614	+	0.5 * 2096.495
=	1,747

Nordic Semiconductor ASA Total Current Assets Related Terms

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Nordic Semiconductor ASA (OSL:NOD) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nordic Semiconductor ASA (OSL:NOD) » Definitions » Total Current Assets

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NRSDY:USA NDCVF:USA NODO:Sweden 0FF9:UK N0S:Germany

Address

Otto Nielsens veg 12, Trondheim, NOR, 7052

Website

https://www.nordicsemi.com

Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

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