Metcash (ASX:MTS) Total Current Assets : A$3,510 Mil (As of Oct. 2023)

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What is Metcash Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Metcash's total current assets for the quarter that ended in Oct. 2023 was A$3,510 Mil.

Metcash Total Current Assets Historical Data

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

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Current Assets

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2,426.90

2,954.00

2,810.30

3,046.10

3,091.40

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Current Assets	Get a 7-Day Free Trial															3,072.50	3,046.10	3,220.60	3,091.40	3,509.60

Metcash 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	91.5	+	1619.6	+	1183.4	+	196.9
	=	3,091

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	99.3	+	1956.8	+	1403.8	+	49.7
	=	3,510

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.

Metcash (ASX:MTS) 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.

Metcash's Liquidation Value for the quarter that ended in Oct. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	99.3	-	4667.6	+	0.75 * 2008.6	+	0.5 * 1403.8
=	-2,360

Metcash Total Current Assets Related Terms

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Metcash (ASX:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (ASX:MTS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (ASX:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-11-2021