Utz Brands (Utz Brands) Total Current Assets : $328 Mil (As of Dec. 2023)

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What is Utz Brands Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Utz Brands's total current assets for the quarter that ended in Dec. 2023 was $328 Mil.

Utz Brands Total Current Assets Historical Data

The historical data trend for Utz Brands'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.

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Utz Brands Total Current Assets Chart

Utz Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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184.08

244.19

277.90

372.19

328.05

Utz Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															372.19	361.23	382.86	358.56	328.05

Utz Brands 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.

Utz Brands's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	52.023	+	140.367	+	104.666	+	30.997
	=	328

Utz Brands's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	52.023	+	140.367	+	104.666	+	30.997
	=	328

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.

Utz Brands (NYSE:UTZ) 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.

Utz Brands's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	52.023	-	1363.053	+	0.75 * 135.13	+	0.5 * 104.666
=	-1,157

Utz Brands Total Current Assets Related Terms

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Utz Brands (Utz Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Utz Brands Inc (NYSE:UTZ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

900 High Street, Hanover, PA, USA, 17331

Website

https://www.utzsnacks.com

Utz Brands Inc is a snack food manufacturing company. It manufactures a diverse portfolio of salty snacks under popular brands including Utz, Zapp's, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TORTIYAHS!, among others. The company's products include potato chips, pretzels, cheese snacks, pork skins, pub/party mixes, and veggie snacks. Its products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug, and other channels. It operates in the given segment: the manufacturing, distribution, marketing and sale of snack food products.

Executives

Theresa Robbins Shea	officer: EVP and General Counsel	900 HIGH STREET, HANOVER PA 17331
Jennifer Bentz	officer: EVP, Insights, Innov & Mktg	900 HIGH STREET, HANOVER PA 17331
Dylan Lissette	director, officer: Chief Executive Officer	860 WESTMINSTER AVENUE, HANOVER PA 17331
Roger K Deromedi	director, 10 percent owner, officer: Chairman	900 HIGH STREET, HANOVER PA 17331
Chinh Chu	10 percent owner	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Cc Collier Holdings, Llc	10 percent owner	C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166
Howard A Friedman	director, officer: CEO	900 HIGH STREET, HANOVER PA 17331
Chad Whyte	officer: EVP, Supply Chain	900 HIGH STREET, HANOVER PA 17331
Pamela J Stewart	director	900 HIGH STREET, HANOVER PA 17331
Shannan Redcay	officer: EVP, Manufacturing	900 HIGH STREET, HANOVER PA 17331
Cary Devore	officer: EVP & CFO	900 HIGH STREET, HANOVER PA 17331
Shane Chambers	officer: EVP & Chief Growth Officer	900 HIGH STREET, HANOVER PA 17331
John W Altmeyer	director	946 HIGHMEADOW COURT, LANCASTER PA 17601
Antonio F. Fernandez	director	C/O PINNACLE FOODS INC., 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Ajay Kataria	officer: EVP, Finance & Accounting	900 HIGH STREET, HANOVER PA 17331