Comms Group (ASX:CCG) Total Current Assets : A$11.62 Mil (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Comms Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Comms Group's total current assets for the quarter that ended in Jun. 2024 was A$11.62 Mil.

Comms Group Total Current Assets Historical Data

The historical data trend for Comms Group'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.

* Premium members only.

Comms Group Total Current Assets Chart

Comms Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Current Assets

Get a 7-Day Free Trial

4.82

10.41

9.83

9.62

11.62

Comms Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial									9.83	9.08	9.62	30.09	11.62

Comms Group 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.

Comms Group's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.576	+	6.122	+	0	+	1.925
	=	11.62

Comms Group's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.576	+	6.122	+	0	+	1.925
	=	11.62

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.

Comms Group (ASX:CCG) 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.

Comms Group's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.576	-	24.675	+	0.75 * 6.136	+	0.5 * 0
=	-16.50

Comms Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Comms Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Comms Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comms Group Ltd (ASX:CCG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Clarence Street, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.commsgroup.limited

Comms Group Ltd is an information and communication technology (ICT) business, providing a comprehensive vendor-agnostic ICT managed service. The company's segment includes Global; SME and ICT. It generates revenue from Voice; Data and Managed service. Geographically, It derives revenue from Australia. The company's product categories include Connect; Collaborate and Manage. The company generates the majority of its revenue from the SME segment.