Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Total Current Assets : ₺1.60 Mil (As of Dec. 2015)

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What is Gimsan Gediz Iplik Ve Mensucatnayi AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gimsan Gediz Iplik Ve Mensucatnayi AS's total current assets for the quarter that ended in Dec. 2015 was ₺1.60 Mil.

Gimsan Gediz Iplik Ve Mensucatnayi AS Total Current Assets Historical Data

The historical data trend for Gimsan Gediz Iplik Ve Mensucatnayi AS'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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Gimsan Gediz Iplik Ve Mensucatnayi AS Total Current Assets Chart

Gimsan Gediz Iplik Ve Mensucatnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Total Current Assets

0.67

1.58

1.60

Gimsan Gediz Iplik Ve Mensucatnayi AS Semi-Annual Data
	Dec13	Dec14	Dec15
Total Current Assets	0.67	1.58	1.60

Gimsan Gediz Iplik Ve Mensucatnayi AS 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.004	+	1.474	+	0	+	0.123
	=	1.60

Gimsan Gediz Iplik Ve Mensucatnayi AS's Total Current Assets for the quarter that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.004	+	1.474	+	0	+	0.123
	=	1.60

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.

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Liquidation Value for the quarter that ended in Dec. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.004	-	3.761	+	0.75 * 1.474	+	0.5 * 0
=	-2.65

Gimsan Gediz Iplik Ve Mensucatnayi AS Total Current Assets Related Terms

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Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gimsan Gediz Iplik Ve Mensucat Sanayi AS (IST:GEDIZ) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Esentepe Mah, Harman Caddesi, Ali Kaya Sokak No.4, Sisli, Levent, KUTAHYA, TUR, 34394

Website

http://www.gimsangediz.com

Gimsan Gediz Iplik Ve Mensucat Sanayi AS manufactures textile products. Its product portfolio comprises of cotton thread, open-end, ring carded and combed yarns as well as woven fabrics for the domestic and export markets.

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Headlines

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