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Pittards (LSE:PTD) Total Current Liabilities : £13.26 Mil (As of Jun. 2022)


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What is Pittards Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pittards's total current liabilities for the quarter that ended in Jun. 2022 was £13.26


Pittards Total Current Liabilities Historical Data

The historical data trend for Pittards'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.

Pittards Total Current Liabilities Chart

Pittards Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 12.11 12.81 9.77 11.61

Pittards Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 12.65 9.77 11.18 11.61 13.26

Pittards Total Current Liabilities Calculation

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

Pittards's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.247+7.783
+Other Current Liabilities+Current Deferred Liabilities
=0.583+0
=11.61

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.688+8.573
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=13.26

* 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


Pittards Total Current Liabilities Related Terms

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Pittards (LSE:PTD) Business Description

Traded in Other Exchanges
N/A
Address
Sherborne Road, Yeovil, Somerset, GBR, BA21 5BA
Pittards PLC is a UK-based leather and leather products manufacturer. The company engages in the designing, producing, and procuring advanced leather for sale to manufacturers and distributors of shoes, gloves, luxury leather goods, interiors, and sports equipment. It also supplies to the leather retailer and leather garments manufacturers. The company operates in two segments UK Division and Ethiopia Division. It serves a variety of industries which include fashion, military and services, interiors, sports, and consumer electronics. The company derives most of its revenues from the UK Division of business.

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