Axfood AB (Axfood AB) Total Current Liabilities : $1,473 Mil (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Axfood AB Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Axfood AB's total current liabilities for the quarter that ended in Mar. 2024 was $1,473

Axfood AB Total Current Liabilities Historical Data

The historical data trend for Axfood AB'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.

Axfood AB Total Current Liabilities Chart

Axfood AB Annual Data

Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 794.07 984.92 1,326.68 1,227.89 1,337.35

Axfood AB Quarterly Data

Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24

Total Current Liabilities Get a 7-Day Free Trial 1,422.45 1,378.39 1,249.28 1,337.35 1,473.02

Axfood AB Total Current Liabilities Calculation

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

Axfood AB'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

= 734.87 + 221.007

+ Other Current Liabilities + Current Deferred Liabilities

= 381.473 + 0

= 1,337

Axfood AB's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 778.193 + 240.22

+ Other Current Liabilities + Current Deferred Liabilities

= 454.602 + 0

= 1,473

* 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

Axfood AB Total Current Liabilities Related Terms
Thank you for viewing the detailed overview of Axfood AB's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Axfood AB (Axfood AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Axfood AB (OTCPK:AXFOY) » Definitions » Total Current Liabilities

Comparable Companies

XSAT:SAFE OSTO:SIBEK OSTO:CARE OSTO:LOOMIS XSAT:SUSG OSTO:TSEC OSTO:SECU B KR TSE:3382 TSX:L XAMS:AD ASX:WOW LSE:TSCO TSX:WN ASX:COL BKK:CPALL ACI TSX:MRU XPAR:CA WAR:DNP

Traded in Other Exchanges

AXFO:Sweden AXFOs:UK 0R6R:UK AXL1:Germany

Address

Solnavagen 4, Stockholm, SWE, 113 65

Website

https://www.axfood.se

Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (Axfood AB) Headlines

From GuruFocus

AxFood: Should I Stay or Should I Go?
By Tuomo Saarnio Tuomo Saarnio • 06-12-2018

Axfood AB to Host Earnings Call
By [email protected] [email protected] • 07-15-2019

Axfood AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Liabilities	Get a 7-Day Free Trial															1,422.45	1,378.39	1,249.28	1,337.35	1,473.02

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	734.87	+	221.007
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	381.473	+	0
	=	1,337