QANTM Intellectual Property (ASX:QIP) Total Current Assets : A$48.3 Mil (As of Dec. 2023)

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What is QANTM Intellectual Property Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. QANTM Intellectual Property's total current assets for the quarter that ended in Dec. 2023 was A$48.3 Mil.

QANTM Intellectual Property Total Current Assets Historical Data

The historical data trend for QANTM Intellectual Property'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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QANTM Intellectual Property Total Current Assets Chart

QANTM Intellectual Property Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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34.66

41.60

44.88

48.15

52.16

QANTM Intellectual Property Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial										45.93	48.15	46.65	52.16	48.30

QANTM Intellectual Property 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.

QANTM Intellectual Property's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.021	+	41.891	+	0	+	2.252
	=	52.2

QANTM Intellectual Property's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.19	+	38.842	+	0	+	3.27
	=	48.3

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.

QANTM Intellectual Property (ASX:QIP) 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.

QANTM Intellectual Property's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.19	-	64.292	+	0.75 * 38.842	+	0.5 * 0
=	-29.0

QANTM Intellectual Property Total Current Assets Related Terms

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QANTM Intellectual Property (ASX:QIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QANTM Intellectual Property Ltd (ASX:QIP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Nicholson Street, Level 15, Melbourne, VIC, AUS, 3002

Website

https://www.qantmip.com

QANTM Intellectual Property Ltd is the holding company of intellectual property companies. The company through intellectual property companies provides IP services to a range of Australian and international clients ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions, and universities. The company has identified its operating segments based on geographical locations being Australia and Asia. A substantial portion of its overall revenue is generated from the Australia segment.

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