Flowtech Fluidpower (LSE:FLO) Total Current Assets : £61.8 Mil (As of Dec. 2023)

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What is Flowtech Fluidpower Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Flowtech Fluidpower's total current assets for the quarter that ended in Dec. 2023 was £61.8 Mil.

Flowtech Fluidpower Total Current Assets Historical Data

The historical data trend for Flowtech Fluidpower'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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Flowtech Fluidpower Total Current Assets Chart

Flowtech Fluidpower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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49.58

50.38

57.13

60.47

61.77

Flowtech Fluidpower Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															57.13	60.43	60.47	61.68	61.77

Flowtech Fluidpower 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.

Flowtech Fluidpower'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
	=	5.184	+	23.725	+	32.009	+	0.856
	=	61.8

Flowtech Fluidpower'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
	=	5.184	+	23.725	+	32.009	+	0.856
	=	61.8

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.

Flowtech Fluidpower (LSE:FLO) 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.

Flowtech Fluidpower'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)
=	5.184	-	49.621	+	0.75 * 22.058	+	0.5 * 32.009
=	-11.9

Flowtech Fluidpower Total Current Assets Related Terms

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Flowtech Fluidpower (LSE:FLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flowtech Fluidpower PLC (LSE:FLO) » Definitions » Total Current Assets

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Traded in Other Exchanges

2FW:Germany

Address

Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP

Website

https://www.flowtechfluidpower.com

Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.