Adecco Group AG (Adecco Group AG) Total Current Assets : $5,985 Mil (As of Dec. 2023)

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What is Adecco Group AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Adecco Group AG's total current assets for the quarter that ended in Dec. 2023 was $5,985 Mil.

Adecco Group AG Total Current Assets Historical Data

The historical data trend for Adecco Group AG'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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Adecco Group AG Total Current Assets Chart

Adecco Group AG Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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6,603.33

7,000.00

8,726.55

6,487.29

5,984.73

Adecco Group AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															6,487.29	6,167.02	6,147.35	5,979.72	5,984.73

Adecco Group AG 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.

Adecco Group AG'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
	=	606.325	+	4870.229	+	0	+	508.179
	=	5,985

Adecco Group AG's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	606.325	+	4870.229	+	0	+	508.179
	=	5,985

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.

Adecco Group AG (OTCPK:AHEXY) 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.

Adecco Group AG's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	606.325	-	9628.135	+	0.75 * 4870.229	+	0.5 * 0
=	-5,369

Adecco Group AG Total Current Assets Related Terms

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Adecco Group AG (Adecco Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Adecco Group AG (OTCPK:AHEXY) » Definitions » Total Current Assets

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Traded in Other Exchanges

ADENz:UK ADIA:Germany ADEN:Switzerland

Address

Bellerivestrasse 30, Zurich, CHE, CH-8008

Website

https://www.adeccogroup.com

Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.