Verra Mobility (Verra Mobility) Total Current Assets : $438.6 Mil (As of Mar. 2024)

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What is Verra Mobility Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Verra Mobility's total current assets for the quarter that ended in Mar. 2024 was $438.6 Mil.

Verra Mobility Total Current Assets Historical Data

The historical data trend for Verra Mobility'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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Verra Mobility Total Current Assets Chart

Verra Mobility Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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272.44

328.04

348.07

362.59

439.54

Verra Mobility Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															332.43	542.59	411.29	439.54	438.58

Verra Mobility 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.

Verra Mobility'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
	=	136.309	+	240.741	+	17.966	+	44.522
	=	439.5

Verra Mobility's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	149.52	+	230.785	+	17.298	+	40.979
	=	438.6

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.

Verra Mobility (NAS:VRRM) 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.

Verra Mobility's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	149.52	-	1320.863	+	0.75 * 181.961	+	0.5 * 17.298
=	-1,026.2

Verra Mobility Total Current Assets Related Terms

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Verra Mobility (Verra Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Verra Mobility Corp (NAS:VRRM) » Definitions » Total Current Assets

Traded in Other Exchanges

0YK:Germany

Address

1150 North Alma School Road, Mesa, AZ, USA, 85201

Website

https://www.verramobility.com

Verra Mobility Corp provides smart transportation solutions. The company develops and uses technology and data intelligence to help make transportation safer and easier. It operates in three segments namely Commercial Services, Government Solutions, and Parking Solutions. It generates maximum revenue from the Commercial Services segment. The commercial Services segment delivers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities.

Executives

Craig C Conti	officer: EVP	1 S. WACKER DR., SUITE 1000, CHICAGO IL 60606
Steve Lalla	officer: EVP Commercial Services	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Martin Roberts	director, officer: President and CEO	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Keyser	other: Chief Legal Officer	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Jonathan Baldwin	officer: EVP-Government Solutions	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Sarah E Farrell	director	572 RUGER STREET, SUITE B, SAN FRANCISCO CA 94129
Platinum Equity Llc	director, 10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Blake Norman P Iii	officer: Pres. T2 Systems	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Patricia Chiodo	officer: Chief Financial Officer	5227 EAST GLORIA LANE, CAVE CREEK AZ 85331
Rebecca Collins	officer: General Counsel	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Mark J. Talbot	officer: EVP Government Solutions	1150 NORTH ALMA SCHOOL ROAD, MESA AZ 85201
Michael P Huerta	director	1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Patrick J Byrne	director	395 PAGE MILL ROAD, MS A3-18, PALO ALTO CA 94306
Garrett Fristoe Miller	officer: Executive Vice President	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Vincent Brigidi	officer: Exec. VP	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201