Pactiv Evergreen (FRA:PEG) Total Current Assets : €1,475 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Pactiv Evergreen Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pactiv Evergreen's total current assets for the quarter that ended in Mar. 2024 was €1,475 Mil.

Pactiv Evergreen Total Current Assets Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Total Current Assets Chart

Pactiv Evergreen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

3,333.60

1,539.61

1,647.87

2,094.74

1,457.11

Pactiv Evergreen 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															1,932.45	1,706.63	1,595.71	1,457.11	1,474.76

Pactiv Evergreen 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.

Pactiv Evergreen'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
	=	150.388	+	422.737	+	781.284	+	102.704
	=	1,457

Pactiv Evergreen'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
	=	65.32	+	469.2	+	838.12	+	102.12
	=	1,475

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.

Pactiv Evergreen (FRA:PEG) 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.

Pactiv Evergreen'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)
=	65.32	-	4634.96	+	0.75 * 437	+	0.5 * 838.12
=	-3,823

Pactiv Evergreen Total Current Assets Related Terms

Thank you for viewing the detailed overview of Pactiv Evergreen's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Pactiv Evergreen (FRA:PEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (FRA:PEG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PTVE:USA PEG:Germany

Address

1900 West Field Court, Lake Forest, IL, USA, 60045

Website

https://www.pactivevergreen.com

Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.