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JSW Steel (NSE:JSWSTEEL) Total Current Assets : ₹645,340 Mil (As of Mar. 2024)


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What is JSW Steel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. JSW Steel's total current assets for the quarter that ended in Mar. 2024 was ₹645,340 Mil.

JSW Steel Total Current Assets Historical Data

The historical data trend for JSW Steel'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.

* Premium members only.

JSW Steel Total Current Assets Chart

JSW Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 364,780.00 358,520.00 653,740.00 681,500.00 645,340.00

JSW Steel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 681,500.00 - 592,740.00 - 645,340.00

JSW Steel 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.

JSW Steel's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=141030+75520+378150+50640
=645,340

JSW Steel'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
=141030+75520+378150+50640
=645,340

* 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.

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.

JSW Steel  (NSE:JSWSTEEL) 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.

JSW Steel'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)
=141030-1484220+0.75 * 75480+0.5 * 378150
=-1,097,505

* 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.

JSW Steel Total Current Assets Related Terms

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JSW Steel (NSE:JSWSTEEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JSW Steel Ltd (NSE:JSWSTEEL) » Definitions » Total Current Assets
Comparable Companies
NSE:TATASTEEL BOM:532286 BOM:526371 BOM:533758 BOM:532508 BOM:500113 BOM:512455 NSE:KIOCL BOM:520111 BOM:500378 NUE XKRX:005490 TSE:5401 SHSE:600019 XAMS:MT STLD RS MIC:CHMF TPE:2002 BUE:TXAR
Traded in Other Exchanges
500228:India
Address
JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400 051
Website
https://www.jsw.in
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.

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