Petrovietnam Drilling & Well Service (STC:PVD) Total Current Assets : ₫7,793,941 Mil (As of Mar. 2024)

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What is Petrovietnam Drilling & Well Service Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Petrovietnam Drilling & Well Service's total current assets for the quarter that ended in Mar. 2024 was ₫7,793,941 Mil.

Petrovietnam Drilling & Well Service Total Current Assets Historical Data

The historical data trend for Petrovietnam Drilling & Well Service'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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Petrovietnam Drilling & Well Service Total Current Assets Chart

Petrovietnam Drilling & Well Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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5,704,833.04

5,107,391.68

5,428,797.24

5,645,895.37

6,927,879.98

Petrovietnam Drilling & Well Service 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															5,755,848.52	6,129,933.90	6,675,491.24	6,927,879.98	7,793,940.92

Petrovietnam Drilling & Well Service 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.

Petrovietnam Drilling & Well Service'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
	=	3534271.855	+	1698482.8	+	999895.512	+	695229.814
	=	6,927,880

Petrovietnam Drilling & Well Service'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
	=	3403633.591	+	2486198.677	+	1017023.462	+	887085.189
	=	7,793,941

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.

Petrovietnam Drilling & Well Service (STC:PVD) 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.

Petrovietnam Drilling & Well Service'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)
=	3403633.591	-	7208642.244	+	0.75 * 2475381.624	+	0.5 * 1017023.462
=	-1,439,961

Petrovietnam Drilling & Well Service Total Current Assets Related Terms

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Petrovietnam Drilling & Well Service (STC:PVD) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrovietnam Drilling & Well Service Corp (STC:PVD) » Definitions » Total Current Assets

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Address

4th Floor, Sailing Tower, 111A Pasteur Street, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

http://www.pvdrilling.com.vn

Petrovietnam Drilling & Well Service Corp is a provider of drilling rigs and technical services for the exploration and exploitation of oil and gas industry locally and internationally. The company operates through three segments namely Drilling services, Trading, and Other services. Its Drilling services segment offers drilling rigs and drilling services. The Trading segment produces material and equipment for drilling-related activities. Its Other services segment is involved in administering well services, wireline logging, oil spill control service, drilling manpower supply service, investment-management project consulting service, management consulting service and other related services. Geographically it operates in Vietnam, Malaysia, Myanmar, Algeria.

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