SMFRF (Sumitomo Forestry Co) Total Current Assets : $9,121 Mil (As of Jun. 2024)

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What is Sumitomo Forestry Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sumitomo Forestry Co's total current assets for the quarter that ended in Jun. 2024 was $9,121 Mil.

Sumitomo Forestry Co Total Current Assets Historical Data

The historical data trend for Sumitomo Forestry Co'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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Sumitomo Forestry Co Total Current Assets Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

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Mar16

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Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Total Current Assets

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5,486.74

5,907.63

7,835.27

7,951.41

8,584.63

Sumitomo Forestry Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															8,374.00	8,334.38	8,584.63	8,651.60	9,120.82

Sumitomo Forestry Co 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.

Sumitomo Forestry Co'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
	=	1092.043	+	1965.204	+	4891.642	+	635.742
	=	8,585

Sumitomo Forestry Co'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
	=	974.224	+	1870.506	+	5597.137	+	678.949
	=	9,121

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.

Sumitomo Forestry Co (OTCPK:SMFRF) 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.

Sumitomo Forestry Co'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)
=	974.224	-	7177.619	+	0.75 * 1114.621	+	0.5 * 5597.137
=	-2,569

Sumitomo Forestry Co Total Current Assets Related Terms

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Sumitomo Forestry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (OTCPK:SMFRF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

1911:Japan 5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co Headlines

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