Hightech Payment Systems (CAS:HPS) Total Current Assets : MAD1,474 Mil (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Hightech Payment Systems Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hightech Payment Systems's total current assets for the quarter that ended in Jun. 2024 was MAD1,474 Mil.

Hightech Payment Systems Total Current Assets Historical Data

The historical data trend for Hightech Payment Systems'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.

Hightech Payment Systems Total Current Assets Chart

Hightech Payment Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

933.48

996.51

1,072.02

1,253.25

1,311.64

Hightech Payment Systems Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial															1,235.49	1,253.25	1,306.96	1,311.64	1,474.06

Hightech Payment Systems 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.

Hightech Payment Systems's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	211.044	+	977.433	+	121.182	+	1.9849999999999
	=	1,312

Hightech Payment Systems's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	213.852	+	1101.278	+	157.12	+	1.8049999999998
	=	1,474

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.

Hightech Payment Systems (CAS:HPS) 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.

Hightech Payment Systems's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	213.852	-	1032.12	+	0.75 * 895.745	+	0.5 * 157.12
=	-68

Hightech Payment Systems Total Current Assets Related Terms

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

Hightech Payment Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hightech Payment Systems SA (CAS:HPS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100, Boulevard Al Qods - Sidi Maarouf, Casablanca Nearshore Park, Shore 1, Casablanca, MAR, 20270

Website

https://www.hps-worldwide.com

Hightech Payment Systems SA is the group that provides solutions and services involving electronic payment. The group offers are structured in the following business units - HPS Solutions, HPS Processing, HPS Services, Safety, and Other Products. HPS Solutions designs, develops, markets, installs, and supports a suite of multi-channel electronic payment solutions. PowerCARD software suite offers comprehensive, configurable and scalable solutions to meet the user needs. The company's software and services are sold covering many geographical areas such as Europe, Americas, Africa and the Middle East and Asia. The group's majority revenue is generated from the sale of HPS solutions.