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ACCO Brands (ACCO Brands) Total Current Liabilities : $542 Mil (As of Dec. 2023)


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What is ACCO Brands Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ACCO Brands's total current liabilities for the quarter that ended in Dec. 2023 was $542

ACCO Brands Total Current Liabilities Historical Data

The historical data trend for ACCO Brands's Total Current Liabilities 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.

ACCO Brands Total Current Liabilities Chart

ACCO Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 588.80 556.90 708.60 589.00 542.00

ACCO Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities 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 589.00 504.40 534.00 518.90 542.00

ACCO Brands Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

ACCO Brands's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=287.7+57.2
+Other Current Liabilities+Current Deferred Liabilities
=197.1+0
=542

ACCO Brands's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=287.7+57.2
+Other Current Liabilities+Current Deferred Liabilities
=197.1+0
=542

* 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 increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

ACCO Brands Total Current Liabilities Related Terms

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ACCO Brands (ACCO Brands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACCO Brands Corp (NYSE:ACCO) » Definitions » Total Current Liabilities
Comparable Companies
ACTG EBF SCS HNI TSE:7752 TSE:6448 SHSE:603899 SZSE:002152 TSE:8060 TSE:7984 HKSE:02429 SZSE:300130 TSE:4902 TSE:7994 BOM:544045 TSE:7846 HKSE:00327 XTER:TTK TSE:7976 LSE:MEGP
Traded in Other Exchanges
A3B:Germany
Address
Four Corporate Drive, Lake Zurich, IL, USA, 60047
Website
https://www.accobrands.com
ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, such as three-ring and lever-arch binders, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products primarily under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO, Rapid, Rexel, Tilibra, and Wilson Jones brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs.
Executives
Paul P Daniel officer: SVP and CIO C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Joseph B Burton director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Deborah A Oconnor officer: EVP and CFO C/O ACCO BRANDS CORP, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gregory J. Mccormack officer: Sr. Vice Pres, Global Products FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Roxanne M Bernstein officer: EVP & Pres, ACCO Brands N.A. C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Boris Elisman director, officer: Chairman, President & CEO C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gina Boswell director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Angela Y Jones officer: SVP, Global Chief People Offic 9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Thomas W Tedford officer: Exec VP & Pres US Office & Con C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Neal V Fenwick officer: Executive VP and CFO FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Pamela R Schneider officer: Sr VP, General Counsel & Sec C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Patrick Buchenroth officer: ExecVP, Pres ACCO Brands Intl C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ralph Paul Hargrow officer: Sr VP & Chief People Officer C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ronald M. Lombardi director 660 WHITE PLAINS RD., TARRYTOWN NY 10591
James Dudek officer: SVP, Corp Controller and CAO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147