James Hardie Industries (James Hardie Industries) Total Current Assets : $1,413 Mil (As of Dec. 2023)

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What is James Hardie Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. James Hardie Industries's total current assets for the quarter that ended in Dec. 2023 was $1,413 Mil.

James Hardie Industries Total Current Assets Historical Data

The historical data trend for James Hardie Industries'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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James Hardie Industries Total Current Assets Chart

James Hardie Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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754.10

908.40

943.60

1,124.00

1,075.10

James Hardie Industries 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															1,000.80	1,075.10	1,081.80	1,152.40	1,413.00

James Hardie Industries 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.

James Hardie Industries's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	113	+	361.6	+	344.2	+	256.3
	=	1,075

James Hardie Industries'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
	=	433.8	+	318.5	+	321.4	+	339.3
	=	1,413

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.

James Hardie Industries (NYSE:JHX) 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.

James Hardie Industries'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)
=	433.8	-	2920.4	+	0.75 * 311.6	+	0.5 * 321.4
=	-2,092

James Hardie Industries Total Current Assets Related Terms

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James Hardie Industries (James Hardie Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » James Hardie Industries PLC (NYSE:JHX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

JHIUF:USA JHA0:Germany JHA:Germany JHA:Germany JHX:Australia

Address

Harcourt Street, Europa House, 2nd Floor, Harcourt Centre, Dublin, IRL, D02 WR20

Website

https://ir.jameshardie.com.au

James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for siding. Asia-Pacific businesses in Australia, New Zealand, and the Philippines, as well as Europe, make up the rest of earnings. In 2018, the group acquired Fermacell, a fiber gypsum building products business headquartered in Germany with operations throughout Europe.