Trade Wings (BOM:509953) Total Current Assets : ₹255 Mil (As of Mar. 2024)

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What is Trade Wings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trade Wings's total current assets for the quarter that ended in Mar. 2024 was ₹255 Mil.

Trade Wings Total Current Assets Historical Data

The historical data trend for Trade Wings'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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Trade Wings Total Current Assets Chart

Trade Wings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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323.36

331.07

292.13

296.26

254.72

Trade Wings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															296.26	-	290.51	-	254.72

Trade Wings 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.

Trade Wings's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.961	+	201.546	+	16.581	+	6.635
	=	255

Trade Wings's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.961	+	201.546	+	16.581	+	6.635
	=	255

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.

Trade Wings (BOM:509953) 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.

Trade Wings's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.961	-	681.925	+	0.75 * 185.854	+	0.5 * 16.581
=	-504

Trade Wings Total Current Assets Related Terms

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Trade Wings (BOM:509953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trade Wings Ltd (BOM:509953) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705

Website

https://www.tradewings.in

Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It generates maximum revenue from the Travel Related Services segment.

Trade Wings (BOM:509953) Headlines

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