Ermenegildo Zegna NV (Ermenegildo Zegna NV) Total Current Assets : $1,404 Mil (As of Dec. 2023)

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What is Ermenegildo Zegna NV Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ermenegildo Zegna NV's total current assets for the quarter that ended in Dec. 2023 was $1,404 Mil.

Ermenegildo Zegna NV Total Current Assets Historical Data

The historical data trend for Ermenegildo Zegna NV'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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Ermenegildo Zegna NV Total Current Assets Chart

Ermenegildo Zegna NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,385.14

1,507.49

1,564.44

1,361.93

1,404.18

Ermenegildo Zegna NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial					1,564.44	1,418.96	1,361.93	1,368.08	1,404.18

Ermenegildo Zegna NV 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.

Ermenegildo Zegna NV'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
	=	422.061	+	296.234	+	569.89	+	115.998
	=	1,404

Ermenegildo Zegna NV'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
	=	422.061	+	296.234	+	569.89	+	115.998
	=	1,404

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.

Ermenegildo Zegna NV (NYSE:ZGN) 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.

Ermenegildo Zegna NV'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)
=	422.061	-	2035.022	+	0.75 * 262.221	+	0.5 * 569.89
=	-1,131

Ermenegildo Zegna NV Total Current Assets Related Terms

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Ermenegildo Zegna NV (Ermenegildo Zegna NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ermenegildo Zegna NV (NYSE:ZGN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

JN0:Germany

Address

99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835

Website

https://www.zegnagroup.com

Ermenegildo Zegna NV designs, creates and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear and accessories under the Thom Browne brand. It operates in two segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile and Third Party Brands) and the Thom Browne segment.