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Corby Spirit and Wine (Corby Spirit and Wine) Total Current Liabilities : $48.7 Mil (As of Dec. 2023)


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What is Corby Spirit and Wine Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Corby Spirit and Wine's total current liabilities for the quarter that ended in Dec. 2023 was $48.7

Corby Spirit and Wine Total Current Liabilities Historical Data

The historical data trend for Corby Spirit and Wine'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.

Corby Spirit and Wine Total Current Liabilities Chart

Corby Spirit and Wine Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.58 29.78 39.24 42.66 52.46

Corby Spirit and Wine 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 39.52 30.85 52.46 49.90 48.74

Corby Spirit and Wine Total Current Liabilities Calculation

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

Corby Spirit and Wine's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=51.491+0.968
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=52.5

Corby Spirit and Wine'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
=42.097+6.64
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=48.7

* 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

Corby Spirit and Wine Total Current Liabilities Related Terms

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Corby Spirit and Wine (Corby Spirit and Wine) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Corby Spirit and Wine Ltd (OTCPK:CBYDF) » Definitions » Total Current Liabilities
Comparable Companies
TSX:ADW.A TSXV:DWS XCNQ:TNY XCNQ:SPS XCNQ:SBD SHSE:600519 SZSE:000858 LSE:DGE STZ SHSE:600809 SZSE:000568 XPAR:RI BF.B SZSE:002304 SZSE:000596 MIL:CPR BOM:532432 SHSE:603369 SGX:Y92 SHSE:603198
Traded in Other Exchanges
CRBBF:USA CSW.B:Canada CSW.A:Canada
Address
225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2
Website
https://www.corby.ca
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.

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