Futuris Co (Futuris Co) Total Current Assets : $1.44 Mil (As of Jul. 2020)

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What is Futuris Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Futuris Co's total current assets for the quarter that ended in Jul. 2020 was $1.44 Mil.

Futuris Co Total Current Assets Historical Data

The historical data trend for Futuris Co'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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Futuris Co Total Current Assets Chart

Futuris Co Annual Data

Trend

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Jul20

Total Current Assets

Get a 7-Day Free Trial

1.32

0.04

1.44

Futuris Co Semi-Annual Data
	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Jul20
Total Current Assets	Get a 7-Day Free Trial			1.32	0.04	-	-	1.44

Futuris Co 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.

Futuris Co's Total Current Assets for the fiscal year that ended in Jul. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.179	+	1.203	+	0	+	0.061
	=	1.44

Futuris Co's Total Current Assets for the quarter that ended in Jul. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.179	+	1.203	+	0	+	0.061
	=	1.44

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.

Futuris Co (OTCPK:FTRS) 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.

Futuris Co's Liquidation Value for the quarter that ended in Jul. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.179	-	4.335	+	0.75 * 0.791	+	0.5 * 0
=	-3.56

Futuris Co Total Current Assets Related Terms

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Futuris Co (Futuris Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

22 Baltimore Road, Rockville, MD, USA, 20850

Website

https://www.futuris.company

Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.