Island Information & Technology (PHS:IS) Total Current Assets : ₱1.02 Mil (As of Jan. 2024)

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What is Island Information & Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Island Information & Technology's total current assets for the quarter that ended in Jan. 2024 was ₱1.02 Mil.

Island Information & Technology Total Current Assets Historical Data

The historical data trend for Island Information & Technology'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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Island Information & Technology Total Current Assets Chart

Island Information & Technology Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Current Assets

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1.36

1.43

0.98

1.00

0.96

Island Information & Technology Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															0.76	0.71	0.94	0.96	1.02

Island Information & Technology 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.

Island Information & Technology's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.013	+	0	+	0	+	0.947
	=	0.96

Island Information & Technology's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.01	+	0	+	0	+	1.008
	=	1.02

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.

Island Information & Technology (PHS:IS) 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.

Island Information & Technology's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.01	-	127.842	+	0.75 * 0	+	0.5 * 0
=	-127.83

Island Information & Technology Total Current Assets Related Terms

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Island Information & Technology (PHS:IS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Island Information & Technology Inc (PHS:IS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Amorsolo Street, 4th Floor, 4-B Vernida 1 Condominium, Legaspi Village, Makati City, PHL, 1200

Website

http://www.iiti.ph

Island Information & Technology Inc engages in the provision of information technology services. It offers products and services such as computer hardware, software and other related products. The company provides services related to the Internet and computer networks. The company covers product development, licensing, marketing, sales and resale, distribution, operations and upgrading of and maintenance of computer software.