Resourceful Automobile (BOM:544236) Total Current Assets : ₹218.6 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Resourceful Automobile Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Resourceful Automobile's total current assets for the quarter that ended in Sep. 2024 was ₹218.6 Mil.

Resourceful Automobile Total Current Assets Historical Data

The historical data trend for Resourceful Automobile'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.

Resourceful Automobile Total Current Assets Chart

Resourceful Automobile Annual Data

Trend

Mar21

Mar22

Mar23

Total Current Assets

38.07

96.16

95.83

Resourceful Automobile Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Total Current Assets	38.07	96.16	95.83	-	218.58

Resourceful Automobile 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.

Resourceful Automobile's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.059	+	0.86	+	51.221	+	41.685
	=	95.8

Resourceful Automobile'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
	=	20.923	+	109.144	+	68.198	+	20.315
	=	218.6

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.

Resourceful Automobile (BOM:544236) 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.

Resourceful Automobile'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)
=	20.923	-	73.713	+	0.75 * 2.163	+	0.5 * 68.198
=	-17.1

Resourceful Automobile Total Current Assets Related Terms

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

Resourceful Automobile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Resourceful Automobile Ltd (BOM:544236) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

KH No. 107/10 Main Road, K-24, Upper Ground, Raja puri, West Delhi, New Delhi, IND, 110059

Website

https://www.sawhneyauto.com

Resourceful Automobile Ltd is engaged in the dealership of two-wheeler bike of Yamaha, operating under the showroom name Sawhney Automobile. It is also involved in the sales and servicing of motorcycles and scooters.

Resourceful Automobile Headlines

No Headlines