Eregli Demir Ve Celik Fabrikalari TAS (STU:EDVA) Total Current Assets : €4,374 Mil (As of Mar. 2024)

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What is Eregli Demir Ve Celik Fabrikalari TAS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Eregli Demir Ve Celik Fabrikalari TAS's total current assets for the quarter that ended in Mar. 2024 was €4,374 Mil.

Eregli Demir Ve Celik Fabrikalari TAS Total Current Assets Historical Data

The historical data trend for Eregli Demir Ve Celik Fabrikalari TAS'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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Eregli Demir Ve Celik Fabrikalari TAS Total Current Assets Chart

Eregli Demir Ve Celik Fabrikalari TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,712.11

3,038.54

4,288.26

4,080.94

4,242.13

Eregli Demir Ve Celik Fabrikalari TAS 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															4,161.21	4,129.28	4,221.33	4,242.13	4,373.74

Eregli Demir Ve Celik Fabrikalari TAS 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.

Eregli Demir Ve Celik Fabrikalari TAS'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
	=	813.962	+	674.41	+	2121.62	+	632.134
	=	4,242

Eregli Demir Ve Celik Fabrikalari TAS'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
	=	754.716	+	666.366	+	2245.642	+	707.013
	=	4,374

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.

Eregli Demir Ve Celik Fabrikalari TAS (STU:EDVA) 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.

Eregli Demir Ve Celik Fabrikalari TAS'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)
=	754.716	-	3901.899	+	0.75 * 662.406	+	0.5 * 2245.642
=	-1,528

Eregli Demir Ve Celik Fabrikalari TAS Total Current Assets Related Terms

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Eregli Demir Ve Celik Fabrikalari TAS (STU:EDVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Eregli Demir Ve Celik Fabrikalari TAS (STU:EDVA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ERELY:USA EREGL:Turkey EDVA:Germany

Address

Barbaros Mahallesi Ardic Sok No: 6, Atasehir, Istanbul, TUR, 34746

Website

https://www.erdemir.com.tr

Eregli Demir Ve Celik Fabrikalari TAS is a Turkey-based company engaged in production of flat steel, long steel and other steel products. The company also provides engineering and project management services, as well as port services. As well, the company owns an iron ore mining arm. The company's steel products include hot-rolled product, cold-rolled product, galvanized products, metal packaging steel, billet, wire-rod, etc. These products are used in the automotive sector, manufacturing industry, projected works, consumer products, packaging industries and others. Most of the company's revenue comes from the Turkish domestic market.

Eregli Demir Ve Celik Fabrikalari TAS (STU:EDVA) Headlines

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