GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (XTER:KHNZ) » Definitions » Total Current Assets

The Kraft Heinz Co (XTER:KHNZ) Total Current Assets : €7,390 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is The Kraft Heinz Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The Kraft Heinz Co's total current assets for the quarter that ended in Sep. 2024 was €7,390 Mil.

The Kraft Heinz Co Total Current Assets Historical Data

The historical data trend for The Kraft Heinz 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.

* Premium members only.

The Kraft Heinz Co Total Current Assets Chart

The Kraft Heinz Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,287.30 8,895.68 7,959.69 7,454.77 7,270.89

The Kraft Heinz Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,344.21 7,270.89 7,574.36 6,995.37 7,390.00

The Kraft Heinz 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.

The Kraft Heinz 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
=1283.8+1936.704+3314.038+736.351
=7,271

The Kraft Heinz Co'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
=1156.884+1962.378+3488.672+782.068
=7,390

* 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.

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.

The Kraft Heinz Co  (XTER:KHNZ) 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.

The Kraft Heinz Co'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)
=1156.884-36127.397+0.75 * 1962.378+0.5 * 3488.672
=-31,754

* 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.

The Kraft Heinz Co Total Current Assets Related Terms

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

The Kraft Heinz Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (XTER:KHNZ) » Definitions » Total Current Assets
Comparable Companies
GIS HRL K MKC CAG LW CPB SJM DAR INGR XSWX:NESN XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF MEX:BIMBOA SGX:F34
Traded in Other Exchanges
KHC:USA KHC:Peru KHC:Mexico 1KHC:Italy KHNZd:UK 0JRV:UK KHCB34:Brazil KHNZ:Bulgaria KHC:Austria
Address
One PPG Place, Pittsburgh, PA, USA, 15222
Website
https://www.kraftheinzcompany.com
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co Headlines

No Headlines