Zardoya Otis (XMAD:ZOT) Total Current Assets : €299.9 Mil (As of Nov. 2021)

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What is Zardoya Otis Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zardoya Otis's total current assets for the quarter that ended in Nov. 2021 was €299.9 Mil.

Zardoya Otis Total Current Assets Historical Data

The historical data trend for Zardoya Otis'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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Zardoya Otis Total Current Assets Chart

Zardoya Otis Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Total Current Assets

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296.14

303.37

281.88

293.11

299.86

Zardoya Otis Quarterly Data
	Nov15	May16	Nov16	May17	Nov17	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21
Total Current Assets	Get a 7-Day Free Trial															293.11	-	287.75	-	299.86

Zardoya Otis 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.

Zardoya Otis's Total Current Assets for the fiscal year that ended in Nov. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	67.372	+	140.697	+	29.598	+	62.193
	=	299.9

Zardoya Otis's Total Current Assets for the quarter that ended in Nov. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	67.372	+	140.697	+	29.598	+	62.193
	=	299.9

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.

Zardoya Otis (XMAD:ZOT) 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.

Zardoya Otis's Liquidation Value for the quarter that ended in Nov. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	67.372	-	295.005	+	0.75 * 140.697	+	0.5 * 29.598
=	-107.3

Zardoya Otis Total Current Assets Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zardoya Otis SA (XMAD:ZOT) » Definitions » Total Current Assets

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Address

C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033

Website

https://www.otis.com

Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

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