Veeco Instruments (STU:VEO) Total Current Assets : €658.6 Mil (As of Mar. 2024)

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What is Veeco Instruments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Veeco Instruments's total current assets for the quarter that ended in Mar. 2024 was €658.6 Mil.

Veeco Instruments Total Current Assets Historical Data

The historical data trend for Veeco Instruments'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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Veeco Instruments Total Current Assets Chart

Veeco Instruments Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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428.29

482.46

486.21

631.44

647.66

Veeco Instruments 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															600.81	654.55	675.39	647.66	658.62

Veeco Instruments 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.

Veeco Instruments'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
	=	280.093	+	116.815	+	217.911	+	32.838
	=	647.7

Veeco Instruments'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
	=	273.133	+	129.599	+	223.805	+	32.085
	=	658.6

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.

Veeco Instruments (STU:VEO) 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.

Veeco Instruments'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)
=	273.133	-	502.12	+	0.75 * 98.009	+	0.5 * 223.805
=	-43.6

Veeco Instruments Total Current Assets Related Terms

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Veeco Instruments (STU:VEO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Veeco Instruments Inc (STU:VEO) » Definitions » Total Current Assets

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VECO:USA

Address

Terminal Drive, Plainview, NY, USA, 11803

Website

https://www.veeco.com

Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.

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