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Vestis (Vestis) Total Current Assets : $1,005 Mil (As of Mar. 2024)


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What is Vestis Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vestis's total current assets for the quarter that ended in Mar. 2024 was $1,005 Mil.

Vestis Total Current Assets Historical Data

The historical data trend for Vestis's Total Current Assets 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.

Vestis Total Current Assets Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Total Current Assets
- 931.92 987.28 1,019.97

Vestis Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1,035.01 1,039.34 1,019.97 1,027.65 1,004.75

Vestis Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Vestis's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=36.051+392.916+573.755+17.243
=1,020

Vestis's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=30.659+405.954+541.592+26.543
=1,005

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of 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.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Vestis  (NYSE:VSTS) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Vestis's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=30.659-2220.95+0.75 * 405.954+0.5 * 541.592
=-1,615

* 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.

Vestis Total Current Assets Related Terms

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Vestis (Vestis) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (NYSE:VSTS) » Definitions » Total Current Assets
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Traded in Other Exchanges
6TS:Germany
Address
500 Colonial Center Parkway, Suite 140, Roswell, GA, USA, 30076
Website
https://www.aramarkuniform.com
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Executives
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Ricky T Dillon officer: EVP and CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Timothy R Donovan officer: EVP, CLO and General Counsel 1703 N. RANDALL ROAD, ELGIN IL 60123
Angela Kervin officer: EVP and Chief HR Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Kim Scott director, officer: President and CEO 150 PEABODY PL, MEMPHIS TN 38103
Lynn Mckee director
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Burke Richard L. Jr. director 90 FORT WADE ROAD, PONTE VEDRA FL 32081
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Mary Anne Whitney director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Intermediate Holdco Aramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103
Christopher J Synek officer: Chief Operating Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Grant Shih officer: Chief Technology Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Ramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103