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Lamb Weston Holdings (Lamb Weston Holdings) Total Current Liabilities : $1,816 Mil (As of Feb. 2024)


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What is Lamb Weston Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lamb Weston Holdings's total current liabilities for the quarter that ended in Feb. 2024 was $1,816


Lamb Weston Holdings Total Current Liabilities Historical Data

The historical data trend for Lamb Weston Holdings'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.

Lamb Weston Holdings Total Current Liabilities Chart

Lamb Weston Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.80 1,024.90 618.20 699.10 1,360.20

Lamb Weston Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 817.30 1,360.20 1,285.40 1,617.80 1,816.00

Lamb Weston Holdings Total Current Liabilities Calculation

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

Lamb Weston Holdings's Total Current Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=876.5+242.3
+Other Current Liabilities+Current Deferred Liabilities
=241.4+0
=1,360

Lamb Weston Holdings's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=955.1+705.7
+Other Current Liabilities+Current Deferred Liabilities
=155.2+0
=1,816

* 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


Lamb Weston Holdings Total Current Liabilities Related Terms

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Lamb Weston Holdings (Lamb Weston Holdings) Business Description

Traded in Other Exchanges
Address
599 S. Rivershore Lane, Eagle, ID, USA, 83616
Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by French fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Nearly 70% of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single largest customer at 13% of fiscal 2023 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
Executives
William G Jurgensen director
Eryk J Spytek officer: See Remarks 599 S. RIVERSHORE LANE, EAGLE ID 83616
Rita Fisher director 1900 W. FIELD COURT, LAKE FOREST IL 60045
Sukshma Rajagopalan officer: Chief Info and Digital Officer C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Marc Schroeder officer: President, International C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Sharon L. Miller officer: Senior Vice President 599 S. RIVERSHORE LANE, EAGLE ID 83616
Gregory W Jones officer: Vice President and Controller C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Bernadette M Madarieta officer: Vice President and Controller 599 S. RIVERSHORE LANE, EAGLE ID 83616
Michael Jared Smith officer: SVP, Growth & Strategy 599 S. RIVERSHORE LANE, EAGLE ID 83616
Gerardo Scheufler officer: SVP, Chief Supply Chain Off C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Steven J Younes officer: CHIEF HUMAN RESOURCES OFFICER C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
John C Hatto officer: Senior Vice President C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Peter J Bensen director MCDONALD'S CORPORATION, 2915 JORIE BOULEVARD, OAK BROOK IL 60523
Thomas P. Werner director, officer: President C/O LAMB WESTON HOLDINGS, INC., 599 S. RIVERSHORE LANE, EAGLE ID 83616

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