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IAA (IAA) Total Current Liabilities : $450 Mil (As of Dec. 2022)


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What is IAA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. IAA's total current liabilities for the quarter that ended in Dec. 2022 was $450

IAA Total Current Liabilities Historical Data

The historical data trend for IAA'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.

IAA Total Current Liabilities Chart

IAA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 659.30 243.70 282.50 607.90 450.00

IAA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 607.90 480.60 403.80 421.30 450.00

IAA Total Current Liabilities Calculation

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

IAA's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=295.9+120.1
+Other Current Liabilities+Current Deferred Liabilities
=34+0
=450

IAA's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=295.9+120.1
+Other Current Liabilities+Current Deferred Liabilities
=34+0
=450

* 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

IAA Total Current Liabilities Related Terms

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IAA (IAA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IAA Inc (NYSE:IAA) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
Website
https://www.iaai.com
IAA Inc provides auction solutions for total loss, damaged, and low-value vehicles. The company facilitates the selling and purchasing of vehicles from a variety of resources, including insurance carriers, used-vehicle dealers, rental car and fleet lease companies, dealerships, and more. The company operates in two reportable segments: United States and International, of which the United States derives the majority of revenue.
Executives
Michael D Sieger director C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143
Peter H Kamin director 2720 DONALD ROSS ROAD, #311, PALM BEACH GARDENS FL 33410
Susan L. Healy officer: Chief Financial Officer C/O IAA, INC., 2 WESTBROOK CORPORATE CENTER, SUITE 500, WESTCHESTER IL 60154
Christopher Carlson officer: VP and Corporate Controller 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Lynn Jolliffe director INGRAM MICRO INC., 1600 EAST SAINT ANDREW PLACE, SANTA ANA CA 92705
Gail Evans director C/O IAA, INC., TWO WESTBROOK CORPORATE CENTER, STE 500, WESTCHESTER IL 60154
John P. Larson director 13085 HAMILTON CROSSING BLVD., CARMEL IN 46032
Timothy J. O'day officer: Chief Operating Officer TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
William J Breslin director TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
Maju Abraham officer: Chief Information Officer TWO WESTBROOK CORPORATE CENTER, SUITE 50, WESTCHESTER IL 60154
Sidney Peryar officer: Chief Legal Officer TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
Olaf Kastner director TWO WESTBROOK CORPORATE CENTER SUITE 500, WESTCHESTER IL 60154
John W Kett director, officer: Chief Executive Officer TWO WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Sue Gove director 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Vance Cushman Johnston officer: Chief Financial Officer 1 N BRENTWOOD BLVD, ST LOUIS MO 63105