Somi Conveyor Beltings (BOM:533001) Total Current Assets : ₹787 Mil (As of Sep. 2024)

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What is Somi Conveyor Beltings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Somi Conveyor Beltings's total current assets for the quarter that ended in Sep. 2024 was ₹787 Mil.

Somi Conveyor Beltings Total Current Assets Historical Data

The historical data trend for Somi Conveyor Beltings'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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Somi Conveyor Beltings Total Current Assets Chart

Somi Conveyor Beltings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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622.88

715.02

747.57

714.73

803.43

Somi Conveyor Beltings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															731.61	-	803.43	-	787.26

Somi Conveyor Beltings 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.

Somi Conveyor Beltings'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
	=	38.835	+	410.695	+	261.544	+	92.358
	=	803

Somi Conveyor Beltings's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	104.875	+	305.866	+	336.547	+	39.973
	=	787

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.

Somi Conveyor Beltings (BOM:533001) 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.

Somi Conveyor Beltings's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	104.875	-	341.569	+	0.75 * 304.418	+	0.5 * 336.547
=	160

Somi Conveyor Beltings Total Current Assets Related Terms

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Somi Conveyor Beltings Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Somi Conveyor Beltings Ltd (BOM:533001) » Definitions » Total Current Assets

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SOMICONVEY:India

Address

New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003

Website

https://www.somiinvestor.com

Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

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