Billing Services Group (LSE:BILL) Total Current Assets : £8.14 Mil (As of Jun. 2019)

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What is Billing Services Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Billing Services Group's total current assets for the quarter that ended in Jun. 2019 was £8.14 Mil.

Billing Services Group Total Current Assets Historical Data

The historical data trend for Billing Services Group'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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Billing Services Group Total Current Assets Chart

Billing Services Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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22.36

18.92

17.77

12.55

9.62

Billing Services Group Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Total Current Assets	Get a 7-Day Free Trial															17.54	12.55	10.27	9.62	8.14

Billing Services Group 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.

Billing Services Group's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.295	+	1.834	+	0	+	0.488
	=	9.62

Billing Services Group's Total Current Assets for the quarter that ended in Jun. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.599	+	2.001	+	0	+	0.542
	=	8.14

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.

Billing Services Group (LSE:BILL) 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.

Billing Services Group's Liquidation Value for the quarter that ended in Jun. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.599	-	4.245	+	0.75 * 2.001	+	0.5 * 0
=	2.85

Billing Services Group Total Current Assets Related Terms

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Billing Services Group (LSE:BILL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Billing Services Group Ltd (LSE:BILL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canonâ€™s Court, Hamilton, BMU, HM 12

Website

http://www.bsgclearing.com

Billing Services Group Ltd is focused on payment solutions. The company offers a powerful suite of financial clearinghouse services for merchants, online stores, and telecommunications companies. Its services include local exchange carrier (LEC) phone clearing, billing and settlement solutions, toll clearing services, a Wi-Fi wholesale settlement solution, and VoiceLog Third Party Verification. The company generates a majority of revenue from LEC billing. Its geographical segment includes North America and Europe, the Middle East and Africa. The company derives the maximum revenue from North America.