Karooooo (Karooooo) Total Current Assets : $73.0 Mil (As of Nov. 2023)

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What is Karooooo Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Karooooo's total current assets for the quarter that ended in Nov. 2023 was $73.0 Mil.

Karooooo Total Current Assets Historical Data

The historical data trend for Karooooo'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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Karooooo Total Current Assets Chart

Karooooo Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Total Current Assets

34.81

37.77

89.79

73.28

81.69

Karooooo Quarterly Data
	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Current Assets	Get a 7-Day Free Trial													79.02	81.69	88.72	66.65	72.97

Karooooo 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.

Karooooo's Total Current Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	53.935	+	23.333	+	4.421	+	-0.00099999999999056
	=	81.7

Karooooo's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	42.215	+	28.515	+	2.235	+	0
	=	73.0

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.

Karooooo (NAS:KARO) 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.

Karooooo's Liquidation Value for the quarter that ended in Nov. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	42.215	-	72.064	+	0.75 * 28.024	+	0.5 * 2.235
=	-7.7

Karooooo Total Current Assets Related Terms

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Karooooo (Karooooo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Karooooo Ltd (NAS:KARO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

KRO:South Africa

Address

1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632

Website

https://www.karooooo.com

Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.