Makkah Construction & Development Co (SAU:4100) Total Current Assets : ﷼599.4 Mil (As of Dec. 2023)

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What is Makkah Construction & Development Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Makkah Construction & Development Co's total current assets for the quarter that ended in Dec. 2023 was ﷼599.4 Mil.

Makkah Construction & Development Co Total Current Assets Historical Data

The historical data trend for Makkah Construction & Development Co'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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Makkah Construction & Development Co Total Current Assets Chart

Makkah Construction & Development Co Annual Data

Trend

Apr14

Apr15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Dec23

Total Current Assets

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383.10

321.09

621.71

769.52

599.36

Makkah Construction & Development Co Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Jun21	Sep21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															769.52	882.01	943.14	857.22	599.36

Makkah Construction & Development Co 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.

Makkah Construction & Development Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	525.726	+	0	+	0	+	73.63
	=	599.4

Makkah Construction & Development Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	525.726	+	0	+	0	+	73.63
	=	599.4

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.

Makkah Construction & Development Co (SAU:4100) 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.

Makkah Construction & Development Co's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	525.726	-	530.631	+	0.75 * 0	+	0.5 * 0
=	-4.9

Makkah Construction & Development Co Total Current Assets Related Terms

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Makkah Construction & Development Co (SAU:4100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Makkah Construction & Development Co (SAU:4100) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Al-Azizia General Street, P.O. Box 7134, Fakih Commercial Center, Seventh Floor, Makkah Al-Mukarramah, Mecca, SAU, 21955

Website

https://www.mcdc.com.sa

Makkah Construction & Development Co is engaged in developing construction projects such as developing facilities near the Holy Mosque of Makkah. The companies objectives are Build up the areas around Makkah Holy mosque, Owning, developing, operating and investing the real estate around Makkah Holy mosque and Caring all engineering works, survey, demolishing & constructions works for the company projects.

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