Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Total Current Assets : د.إ366.2 Mil (As of Sep. 2023)

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What is Ras Al Khaimah Co for White Cementnstruction Materials Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ras Al Khaimah Co for White Cementnstruction Materials's total current assets for the quarter that ended in Sep. 2023 was د.إ366.2 Mil.

Ras Al Khaimah Co for White Cementnstruction Materials Total Current Assets Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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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Ras Al Khaimah Co for White Cementnstruction Materials Total Current Assets Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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228.72

285.13

241.56

296.66

308.77

Ras Al Khaimah Co for White Cementnstruction Materials 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															241.09	308.77	331.17	377.54	366.19

Ras Al Khaimah Co for White Cementnstruction Materials 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.

Ras Al Khaimah Co for White Cementnstruction Materials'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
	=	178.624	+	48.469	+	78.466	+	3.213
	=	308.8

Ras Al Khaimah Co for White Cementnstruction Materials'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
	=	220.305	+	47.153	+	93.492	+	5.237
	=	366.2

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.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) 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.

Ras Al Khaimah Co for White Cementnstruction Materials'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)
=	220.305	-	87.349	+	0.75 * 40.765	+	0.5 * 93.492
=	210.3

Ras Al Khaimah Co for White Cementnstruction Materials Total Current Assets Related Terms

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Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ras Al Khaimah Co for White Cement & Construction Materials (ADX:RAKWCT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1492, Ras Al Khaimah, ARE

Website

https://www.rakwhitecement.ae

Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment refers to the manufacture and distribution of white cement. The investment segment consists of investments in marketable equity securities and deposits with banks.

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