Fat Prophets Global Property Fund (ASX:FPP) Total Current Assets : A$3.00 Mil (As of Dec. 2023)

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What is Fat Prophets Global Property Fund Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fat Prophets Global Property Fund's total current assets for the quarter that ended in Dec. 2023 was A$3.00 Mil.

Fat Prophets Global Property Fund Total Current Assets Historical Data

The historical data trend for Fat Prophets Global Property Fund'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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Fat Prophets Global Property Fund Total Current Assets Chart

Fat Prophets Global Property Fund Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

1.64

1.77

1.40

3.57

1.99

Fat Prophets Global Property Fund Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial							2.27	3.57	1.77	1.99	3.00

Fat Prophets Global Property Fund 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.

Fat Prophets Global Property Fund's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.856	+	0.132	+	0	+	0
	=	1.99

Fat Prophets Global Property Fund'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
	=	2.858	+	0.142	+	0	+	0
	=	3.00

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.

Fat Prophets Global Property Fund (ASX:FPP) 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.

Fat Prophets Global Property Fund'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)
=	2.858	-	0.653	+	0.75 * 0.142	+	0.5 * 0
=	2.31

Fat Prophets Global Property Fund Total Current Assets Related Terms

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Fat Prophets Global Property Fund (ASX:FPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fat Prophets Global Property Fund (ASX:FPP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Farrer Place, Level 16, Governor Macquarie Tower, Sydney, NSW, AUS, 2000

Website

http://www.fpproperty.com.au

Fat Prophets Global Property Fund is the investment manager of the Fund. It Fund is an investment trust focused on investments with exposure to real estate. It has a presence in Australia, Singapore, Hong Kong, Japan, the United Kingdom, Europe, and the United States.

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