RUSHA (Rush Enterprises) Total Current Assets : $2,460 Mil (As of Sep. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Rush Enterprises Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rush Enterprises's total current assets for the quarter that ended in Sep. 2024 was $2,460 Mil.

Rush Enterprises Total Current Assets Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Total Current Assets Chart

Rush Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,712.55

1,357.73

1,324.45

1,867.74

2,260.30

Rush Enterprises Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2,145.78	2,260.30	2,517.00	2,377.70	2,460.39

Rush Enterprises 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.

Rush Enterprises'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
	=	183.725	+	259.353	+	1801.447	+	15.779
	=	2,260

Rush Enterprises's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	185.073	+	289.458	+	1964.835	+	21.027
	=	2,460

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.

Rush Enterprises (NAS:RUSHA) 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.

Rush Enterprises's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	185.073	-	2545.514	+	0.75 * 282.553	+	0.5 * 1964.835
=	-1,166

Rush Enterprises Total Current Assets Related Terms

Thank you for viewing the detailed overview of Rush Enterprises's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Rush Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rush Enterprises Inc (NAS:RUSHA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

RUSHB:USA RUN:Germany RUNA:Germany

Address

555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130

Website

https://www.rushenterprises.com

Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.

Executives

Rush William M Rusty	officer: President & COO	C/O RUSH ENTERPRISES INC, 555 IH 35 S., NEW BRAUFELS TX 78130
Steven L Keller	officer: Vice President & CFO	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Michael Mcroberts	officer: Senior Vice President	P. O. BOX 34630, SAN ANTONIO TX 78265
Michael L Goldstone	officer: VP, General Counsel & CS	555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Jody Pollard	officer: Senior Vice President	555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Amy Boerger	director	2002 W WAHALLA LANE, PHOENIX AZ 85027
Scott T Anderson	officer: VP Finance & Insurance	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Raymond Joseph Chess	director	1084 ANDANTE CT, OXFORD MI 48370
Derrek Weaver	officer: VP, Chief Compliance Officer, General Counsel	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Troy A Clarke	director	C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
James E Thor	officer: Senior V.P. of Retail Sales	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
James C Underwood	director	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Elaine Mendoza	director	2223 POSTOAK COURT, SAN ANTONIO TX 78248
Richard J Ryan	officer: S.V.P. Navistar Dealerships	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Thomas A Akin	director	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265