Palingeo SpA (MIL:PAL) Total Current Assets : €39.89 Mil (As of Jun. 2023)

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What is Palingeo SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Palingeo SpA's total current assets for the quarter that ended in Jun. 2023 was €39.89 Mil.

Palingeo SpA Total Current Assets Historical Data

The historical data trend for Palingeo SpA'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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Palingeo SpA Total Current Assets Chart

Palingeo SpA Annual Data

Trend

Dec21

Dec22

Total Current Assets

23.33

37.65

Palingeo SpA Quarterly Data
	Dec21	Dec22	Jun23
Total Current Assets	23.33	37.65	39.89

Palingeo SpA 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.

Palingeo SpA's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.154	+	28.471	+	0.702	+	4.325
	=	37.65

Palingeo SpA's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.527	+	28.011	+	0.864	+	5.487
	=	39.89

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.

Palingeo SpA (MIL:PAL) 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.

Palingeo SpA's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.527	-	41.877	+	0.75 * 23.306	+	0.5 * 0.864
=	-18.44

Palingeo SpA Total Current Assets Related Terms

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Palingeo SpA (MIL:PAL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Palingeo SpA (MIL:PAL) » Definitions » Total Current Assets

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Palingeo SpA is an engineering and construction company. Its projects includes construction or modernization of railway lines, motorway networks, bridges, tunnels, roads, schools, hospitals, hydraulic system projects, wind farms or solar plants, collection and regulation of water/hydroelectric plants, etc.

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