Fred's (STU:FR1A) Total Current Assets : €257 Mil (As of Apr. 2019)

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What is Fred's Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fred's's total current assets for the quarter that ended in Apr. 2019 was €257 Mil.

Fred's Total Current Assets Historical Data

The historical data trend for Fred's'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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Fred's Total Current Assets Chart

Fred's Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Total Current Assets

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361.58

415.70

409.09

315.64

276.23

Fred's Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Apr20
Total Current Assets	Get a 7-Day Free Trial															296.27	287.79	276.23	256.73	31.45

Fred's 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.

Fred's's Total Current Assets for the fiscal year that ended in Jan. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.689	+	46.764	+	218.793	+	5.98
	=	276

Fred's's Total Current Assets for the quarter that ended in Apr. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.394	+	47.07	+	197.099	+	6.162
	=	257

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.

Fred's (STU:FR1A) 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.

Fred's's Liquidation Value for the quarter that ended in Apr. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.394	-	338.349	+	0.75 * 20.686	+	0.5 * 197.099
=	-218

Fred's Total Current Assets Related Terms

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Fred's (STU:FR1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fred's Inc (STU:FR1A) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 New Getwell Road, Memphis, TN, USA, 38118

Website

http://www.fredsinc.com

Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

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