KMG Chemicals (KMG Chemicals) Total Current Assets : $155.3 Mil (As of Jul. 2018)

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What is KMG Chemicals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. KMG Chemicals's total current assets for the quarter that ended in Jul. 2018 was $155.3 Mil.

KMG Chemicals Total Current Assets Historical Data

The historical data trend for KMG Chemicals'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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KMG Chemicals Total Current Assets Chart

KMG Chemicals Annual Data

Trend

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Total Current Assets

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111.65

96.85

95.35

133.14

155.30

KMG Chemicals Quarterly Data
	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18
Total Current Assets	Get a 7-Day Free Trial															133.14	140.47	138.31	146.81	155.30

KMG Chemicals 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.

KMG Chemicals's Total Current Assets for the fiscal year that ended in Jul. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	24.436	+	61.895	+	54.218	+	14.75
	=	155.3

KMG Chemicals's Total Current Assets for the quarter that ended in Jul. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	24.436	+	61.895	+	54.218	+	14.75
	=	155.3

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.

KMG Chemicals (NYSE:KMG) 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.

KMG Chemicals's Liquidation Value for the quarter that ended in Jul. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.436	-	402.367	+	0.75 * 61.895	+	0.5 * 54.218
=	-304.4

KMG Chemicals Total Current Assets Related Terms

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KMG Chemicals (KMG Chemicals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KMG Chemicals Inc (NYSE:KMG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kmgchemicals.com

KMG Chemicals Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on product type. The electronic chemicals segment, which generates the majority of revenue, sells chemicals primarily to manufacturers of semiconductors. The other chemicals segment sells industrial sealants and lubricants primarily to the oil and gas storage and distribution industry as well as wood treatment chemicals used primarily to treat utility poles and cross arms. The majority of revenue comes from the United States.

Executives

Hunter John C Iii	director	C/O PENFORD CORPORATION, 7094 S. REVERE PARKWAY, CENTENNIAL CO 80112-3932
Karen A. Twitchell	director	9 COURTLANDT PLACE, HOUSTON TX 77006
Christopher T. Fraser	director, officer: President and CEO	9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Margaret C Montana	director	910 LOUISIANA STREET, HOUSTON TX 77002
George W Gilman	director	710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
James Gentilcore	director	NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Malinda G Passmore	officer: VP and CFO	9555 W SAM HOUSTON PARKWAY S, SUITE 600, HOUSTON TX 77099
Stephen A Thorington	director	700 MILAM, SUITE 3100, HOUSTON TX 77002
Gendell Jeffrey L Et Al	other: Former 10% Owner	200 PARK AVENUE SUITE 3900, NEW YORK NY 10166