Cementos Argos S.A. (Cementos Argos S.A.) Total Current Assets : $1,074 Mil (As of Sep. 2023)

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What is Cementos Argos S.A. Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cementos Argos S.A.'s total current assets for the quarter that ended in Sep. 2023 was $1,074 Mil.

Cementos Argos S.A. Total Current Assets Historical Data

The historical data trend for Cementos Argos S.A.'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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Cementos Argos S.A. Total Current Assets Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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893.81

766.28

747.09

758.73

973.48

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															910.60	973.48	972.26	940.98	1,073.86

Cementos Argos S.A. 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.

Cementos Argos S.A.'s Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	264.151	+	283.782	+	314.273	+	111.269
	=	973

Cementos Argos S.A.'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
	=	266.249	+	347.642	+	325.719	+	134.245
	=	1,074

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.

Cementos Argos S.A. (OTCPK:CMTOY) 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.

Cementos Argos S.A.'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)
=	266.249	-	2654.014	+	0.75 * 347.642	+	0.5 * 325.719
=	-1,964

Cementos Argos S.A. Total Current Assets Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (OTCPK:CMTOY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PFCEMARGOS.PFD:Columbia CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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