Mueller Industries (FRA:MUD) Total Current Assets : €2,010 Mil (As of Mar. 2024)

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What is Mueller Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mueller Industries's total current assets for the quarter that ended in Mar. 2024 was €2,010 Mil.

Mueller Industries Total Current Assets Historical Data

The historical data trend for Mueller Industries'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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Mueller Industries Total Current Assets Chart

Mueller Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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624.40

678.45

901.82

1,448.71

1,870.70

Mueller Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,650.39	1,709.15	1,814.75	1,870.70	2,009.84

Mueller Industries 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.

Mueller Industries'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
	=	1163.709	+	322.381	+	348.687	+	35.922
	=	1,871

Mueller Industries'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
	=	1249.316	+	390.454	+	328.319	+	41.749
	=	2,010

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.

Mueller Industries (FRA:MUD) 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.

Mueller Industries'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)
=	1249.316	-	410.202	+	0.75 * 390.454	+	0.5 * 328.319
=	1,296

Mueller Industries Total Current Assets Related Terms

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Mueller Industries (FRA:MUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Industries Inc (FRA:MUD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MLI:USA

Address

150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017

Website

https://www.muellerindustries.com

Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

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