Mangalam Global Enterprise (NSE:MGEL) Total Current Assets : ₹3,510 Mil (As of Mar. 2024)

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What is Mangalam Global Enterprise Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mangalam Global Enterprise's total current assets for the quarter that ended in Mar. 2024 was ₹3,510 Mil.

Mangalam Global Enterprise Total Current Assets Historical Data

The historical data trend for Mangalam Global Enterprise'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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Mangalam Global Enterprise Total Current Assets Chart

Mangalam Global Enterprise Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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847.44

1,747.79

2,278.64

3,413.68

3,509.63

Mangalam Global Enterprise 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															3,413.68	-	3,553.69	-	3,509.63

Mangalam Global Enterprise 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.

Mangalam Global Enterprise'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
	=	160.427	+	1824.979	+	1037.874	+	486.35
	=	3,510

Mangalam Global Enterprise'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
	=	160.427	+	1824.979	+	1037.874	+	486.35
	=	3,510

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.

Mangalam Global Enterprise (NSE:MGEL) 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.

Mangalam Global Enterprise'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)
=	160.427	-	2810.918	+	0.75 * 1743.128	+	0.5 * 1037.874
=	-824

Mangalam Global Enterprise Total Current Assets Related Terms

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Mangalam Global Enterprise (NSE:MGEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mangalam Global Enterprise Ltd (NSE:MGEL) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

42, Shrimali Society, Netaji Marg, 101, Mangalam Corporate House, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380 009

Website

https://www.groupmangalam.com

Mangalam Global Enterprise Ltd is an Indian firm engaged in the business of manufacturing Agro-based commodities. The business operates in a single segment which includes; castor seeds, castor derivatives products, cotton, cotton ginning, rice, mustard seeds and other agro commodities. It manufactures and sells Refined Castor Oil, Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for domestic and export sale to international markets. Substantial revenue accrues from Domestic sales.

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