Apex Investment PSC (ADX:APEX) Total Current Assets : د.إ1,660.4 Mil (As of Dec. 2022)

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What is Apex Investment PSC Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Apex Investment PSC's total current assets for the quarter that ended in Dec. 2022 was د.إ1,660.4 Mil.

Apex Investment PSC Total Current Assets Historical Data

The historical data trend for Apex Investment PSC'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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Apex Investment PSC Total Current Assets Chart

Apex Investment PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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179.76

143.43

149.89

1,660.37

1,644.09

Apex Investment PSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22	Dec23
Total Current Assets	Get a 7-Day Free Trial															145.76	151.94	149.89	1,660.37	1,644.09

Apex Investment PSC 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.

Apex Investment PSC's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1058.626	+	475.268	+	76.22	+	33.98
	=	1,644.1

Apex Investment PSC's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	729.751	+	845.075	+	57.793	+	27.752
	=	1,660.4

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.

Apex Investment PSC (ADX:APEX) 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.

Apex Investment PSC's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	729.751	-	212.212	+	0.75 * 619.841	+	0.5 * 57.793
=	1,011.3

Apex Investment PSC Total Current Assets Related Terms

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Apex Investment PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Apex Investment PSC (ADX:APEX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Wahda Commercial Tower, Office No. 501, PO Box. 30688, Abu Dhabi, ARE

Website

http://www.rakcc.ae

Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.