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Best Current Asset

<div class='circular--portrait' style='background:#754DEB;color: white;font-size:3em;padding-top: 40px;;'>BES</div>
BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy Net Current Assets as percentage of Total Assets are fairly stable at the moment as compared to the last year. Best Buy reported Net Current Assets as percentage of Total Assets of 25.90 in 2019. Assets Non Current is likely to grow to about 4.1 B in 2020, whereas Current Assets are likely to drop slightly above 9.9 B in 2020. Best Buy current asset fundamental analysis lookup allows you to check this and other indicators for Best Buy Co or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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Best Current Asset Analysis

Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
 2010 2014 2019 2020 (projected)
Receivables1.31 B1.01 B1.28 B1.63 B
Inventories5.38 B5.41 B5.17 B5.89 B
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide Computing and Mobile Phones, such as computing and peripherals, e-readers, networking products, tablets, and wearables, as well as mobile phones comprising related mobile network carrier commissions consumer electronics, including digital imaging, health and fitness, home theater, portable audio, and smart home products and entertainment products consisting of drones, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products. The companys stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia, Pacific Kitchen and Home, bestbuy.ca, and bestbuy.com.mx brand names, as well as through mobile applications and call centers. As of February 2, 2019, it had approximately 1,187 large-format and 51 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.
ReceivablesInventories
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
More About Current Asset | All Equity Analysis
Best Buy Current Asset  =
9.89 B
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Best Current Asset Over Time Pattern

 Best Buy Current Assets 
    
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About Current Asset

Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Best Buy Current Asset Related Assessment

Total Assets
In accordance with recently published financial statements Best Buy Co has Current Asset of 9.89 B. This is 80.97% lower than that of the Consumer Cyclical sector, and about the same as Specialty Retail (which currently averages 9.86 B) industry, The Current Asset for all stocks is 5.87% lower than the firm.

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Best Buy Pair Correlation

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