Rite Zone Chemcon India (NSE:RITEZONE) Total Current Assets : ₹165.4 Mil (As of Sep. 2023)

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What is Rite Zone Chemcon India Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rite Zone Chemcon India's total current assets for the quarter that ended in Sep. 2023 was ₹165.4 Mil.

Rite Zone Chemcon India Total Current Assets Historical Data

The historical data trend for Rite Zone Chemcon India'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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Rite Zone Chemcon India Total Current Assets Chart

Rite Zone Chemcon India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Current Assets

52.11

45.63

91.42

172.05

Rite Zone Chemcon India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial			45.63	91.42	105.75	172.05	165.39

Rite Zone Chemcon India 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.

Rite Zone Chemcon India's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	35.732	+	95.792	+	0.855	+	39.671
	=	172.1

Rite Zone Chemcon India's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.567	+	98.709	+	1.148	+	35.964
	=	165.4

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.

Rite Zone Chemcon India (NSE:RITEZONE) 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.

Rite Zone Chemcon India's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.567	-	50.737	+	0.75 * 98.619	+	0.5 * 1.148
=	53.4

Rite Zone Chemcon India Total Current Assets Related Terms

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Rite Zone Chemcon India (NSE:RITEZONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107

Website

http://www.ritezone.in

Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.

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