Union Coop (DFM:UNIONCOOP) Total Current Assets : د.إ515 Mil (As of Dec. 2023)

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What is Union Coop Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Union Coop's total current assets for the quarter that ended in Dec. 2023 was د.إ515 Mil.

Union Coop Total Current Assets Historical Data

The historical data trend for Union Coop'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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Union Coop Total Current Assets Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1,169.37

926.74

749.67

514.86

Union Coop Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			926.74	-	749.67	521.09	514.86

Union Coop 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.

Union Coop'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
	=	154.668	+	55.231	+	285.42	+	19.541
	=	515

Union Coop'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
	=	154.668	+	55.231	+	285.42	+	19.541
	=	515

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.

Union Coop (DFM:UNIONCOOP) 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.

Union Coop'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)
=	154.668	-	893.597	+	0.75 * 11.705	+	0.5 * 285.42
=	-587

Union Coop Total Current Assets Related Terms

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Union Coop (DFM:UNIONCOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://corporate.unioncoop.ae/ar/

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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