Fresnillo (Fresnillo) Total Current Assets : $1,539 Mil (As of Dec. 2023)

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What is Fresnillo Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fresnillo's total current assets for the quarter that ended in Dec. 2023 was $1,539 Mil.

Fresnillo Total Current Assets Historical Data

The historical data trend for Fresnillo'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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Fresnillo Total Current Assets Chart

Fresnillo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,146.99

2,000.87

2,088.42

1,940.18

1,539.02

Fresnillo Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															2,088.42	1,953.34	1,940.18	1,864.66	1,539.02

Fresnillo 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.

Fresnillo'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
	=	534.58	+	326.656	+	462.973	+	214.809
	=	1,539

Fresnillo'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
	=	534.58	+	326.656	+	462.973	+	214.809
	=	1,539

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.

Fresnillo (OTCPK:FNLPF) 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.

Fresnillo'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)
=	534.58	-	1670.409	+	0.75 * 306.668	+	0.5 * 462.973
=	-674

Fresnillo Total Current Assets Related Terms

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Fresnillo (Fresnillo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fresnillo PLC (OTCPK:FNLPF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

FRES:Mexico FRESl:UK FRES:UK FNL:Germany

Address

Calzada Legaria No. 549, Torre 2, Piso 11, Delegacion Miguel Hidalgo, Mexico, DF, MEX, 11250

Website

http://www.fresnilloplc.com

Fresnillo PLC is a silver mining company and the largest gold producer. The group has seven reportable operating segments, which are represented by six producing mines. The Fresnillo, Juanicipio and Saucito mines are located in the state of Zacatecas and are some of the world's largest underground silver mines. The Cirnega mine, located in the state of Durango, an underground gold mine. The San Julian mine, located on the border of Durango states, which is an underground silver-gold mine. The Herradura, Soledad-Dipolos, and Noche Buena are all open pit gold mines, located in the state of Sonora. Herradura and Saucito combined account for more than half of group revenue.