Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Total Current Assets : ₺1,010 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Mercan Kimyanayi ve Ticaret AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mercan Kimyanayi ve Ticaret AS's total current assets for the quarter that ended in Dec. 2024 was ₺1,010 Mil.

Mercan Kimyanayi ve Ticaret AS Total Current Assets Historical Data

The historical data trend for Mercan Kimyanayi ve Ticaret 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.

* Premium members only.

Mercan Kimyanayi ve Ticaret AS Total Current Assets Chart

Mercan Kimyanayi ve Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

Get a 7-Day Free Trial

199.85

517.08

1,424.04

1,739.11

1,010.08

Mercan Kimyanayi ve Ticaret AS Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															1,739.11	1,202.98	1,146.64	1,163.91	1,010.08

Mercan Kimyanayi ve Ticaret 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.

Mercan Kimyanayi ve Ticaret AS's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	209.807	+	485.722	+	255.313	+	59.237
	=	1,010

Mercan Kimyanayi ve Ticaret AS's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	209.807	+	485.722	+	255.313	+	59.237
	=	1,010

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.

Mercan Kimyanayi ve Ticaret AS (IST:MERCN) 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.

Mercan Kimyanayi ve Ticaret AS's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	209.807	-	928.328	+	0.75 * 354.955	+	0.5 * 255.313
=	-325

Mercan Kimyanayi ve Ticaret AS Total Current Assets Related Terms

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

Mercan Kimyanayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mercan Kimya Sanayi ve Ticaret AS (IST:MERCN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hacieyuplu Mah. 3125 Sok. No. 23, Merkezefendi Denizli, TUR, 20195

Website

https://www.mercankimya.com.tr

Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.

Mercan Kimyanayi ve Ticaret AS Headlines

No Headlines