Thai Airways International PCL (Thai Airways International PCL) Total Current Assets : $2,689 Mil (As of Dec. 2023)

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What is Thai Airways International PCL Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Thai Airways International PCL's total current assets for the quarter that ended in Dec. 2023 was $2,689 Mil.

Thai Airways International PCL Total Current Assets Historical Data

The historical data trend for Thai Airways International PCL'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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Thai Airways International PCL Total Current Assets Chart

Thai Airways International PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,512.65

673.23

738.83

1,720.08

2,689.35

Thai Airways International PCL 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															1,720.08	1,985.01	2,327.84	2,540.79	2,689.35

Thai Airways International PCL 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.

Thai Airways International PCL'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
	=	1919.044	+	471.178	+	150.191	+	148.933
	=	2,689

Thai Airways International PCL'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
	=	1919.044	+	471.178	+	150.191	+	148.933
	=	2,689

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.

Thai Airways International PCL (OTCPK:TAWNF) 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.

Thai Airways International PCL'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)
=	1919.044	-	8065.325	+	0.75 * 325.948	+	0.5 * 150.191
=	-5,827

Thai Airways International PCL Total Current Assets Related Terms

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Thai Airways International PCL (Thai Airways International PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thai Airways International PCL (OTCPK:TAWNF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaiairways.com

Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company has three main businesses: air transport (majority of total revenue), business units, and support services. The air transport business focuses on transportation of passengers, cargo, and mail. It utilizes scheduled and chartered flights to domestic and international destinations. The business units segment works to ensure all flights reach their destination on time and at the correct location. Additionally, it offers support with cargo terminal handling, group equipment services, and catering services. The majority of revenue originates outside of Thailand, with the biggest source coming from Europe.