VEREIT (VEREIT) Total Current Assets : $392.61 Mil (As of Sep. 2021)

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What is VEREIT Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. VEREIT's total current assets for the quarter that ended in Sep. 2021 was $392.61 Mil.

VEREIT Total Current Assets Historical Data

The historical data trend for VEREIT'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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VEREIT Total Current Assets Chart

VEREIT Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Current Assets

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831.47

514.03

357.34

372.04

938.70

VEREIT Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Current Assets	Get a 7-Day Free Trial															576.61	938.70	674.66	650.94	392.61

VEREIT 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.

VEREIT's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	523.539	+	331.882	+	0	+	83.275
	=	938.70

VEREIT's Total Current Assets for the quarter that ended in Sep. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.874	+	338.64	+	0	+	48.099
	=	392.61

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.

VEREIT (NYSE:VERpF.PFD) 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.

VEREIT's Liquidation Value for the quarter that ended in Sep. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.874	-	6276.154	+	0.75 * 338.64	+	0.5 * 0
=	-6,016.30

VEREIT Total Current Assets Related Terms

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VEREIT (VEREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » VEREIT Inc (NYSE:VERpF.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

2325 East Camelback Road, 9th Floor, Phoenix, AZ, USA, 85016

Website

https://www.vereit.com

VEREIT Inc is a real estate investment trust primarily involved in the ownership of property located in the U.S. and Canada. VEREIT organizes its operations through the Real Estate Investment segment and the investment management segment. The company derives the vast majority of its income from its Real Estate Investment division in the form of rental income from long-term leases. This business unit owns and manages a real estate portfolio that is fairly evenly diversified between retail, restaurant, office, and industrial properties. A sizable amount of the company's total rental income is derived from customers in the casual dining restaurant and manufacturing industries.