African Distillers (XZIM:AFDS.ZW) Total Current Assets : ZWL95,751 Mil (As of Sep. 2023)

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What is African Distillers Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. African Distillers's total current assets for the quarter that ended in Sep. 2023 was ZWL95,751 Mil.

African Distillers Total Current Assets Historical Data

The historical data trend for African Distillers'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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African Distillers Total Current Assets Chart

African Distillers Annual Data

Trend

Jun09

Jun11

Jun12

Jun18

Jun19

Jun20

Mar22

Mar23

Total Current Assets

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30.78

643.28

2,055.59

3,183.80

18,941.78

African Distillers Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial										1,883.53	3,183.80	12,052.59	18,941.78	95,750.68

African Distillers 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.

African Distillers'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
	=	1866.658	+	2211.319	+	11162.674	+	3701.125
	=	18,942

African Distillers'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
	=	5310.002	+	30623.023	+	59348.94	+	468.71800000001
	=	95,751

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.

African Distillers (XZIM:AFDS.ZW) 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.

African Distillers'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)
=	5310.002	-	60744.345	+	0.75 * 30623.023	+	0.5 * 59348.94
=	-2,793

African Distillers Total Current Assets Related Terms

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African Distillers (XZIM:AFDS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE

Website

https://www.africandistillers.co.zw

African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

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