The GO2 People (ASX:GO2) Total Current Assets : A$9.15 Mil (As of Dec. 2022)

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What is The GO2 People Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The GO2 People's total current assets for the quarter that ended in Dec. 2022 was A$9.15 Mil.

The GO2 People Total Current Assets Historical Data

The historical data trend for The GO2 People'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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The GO2 People Total Current Assets Chart

The GO2 People Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Total Current Assets

15.78

10.76

6.39

15.03

12.92

The GO2 People Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Total Current Assets	Get a 7-Day Free Trial						5.83	15.03	13.15	12.92	9.15

The GO2 People 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.

The GO2 People's Total Current Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.529	+	10.046	+	0	+	0.346
	=	12.92

The GO2 People'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
	=	0.886	+	7.391	+	0	+	0.875
	=	9.15

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.

The GO2 People (ASX:GO2) 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.

The GO2 People'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)
=	0.886	-	27.363	+	0.75 * 7.391	+	0.5 * 0
=	-20.93

The GO2 People Total Current Assets Related Terms

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The GO2 People (ASX:GO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The GO2 People Ltd (ASX:GO2) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058

Website

https://www.thego2people.com.au

The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

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