Made Tech Group (LSE:MTEC) Total Current Assets : £15.17 Mil (As of Nov. 2023)

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What is Made Tech Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Made Tech Group's total current assets for the quarter that ended in Nov. 2023 was £15.17 Mil.

Made Tech Group Total Current Assets Historical Data

The historical data trend for Made Tech 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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Made Tech Group Total Current Assets Chart

Made Tech Group Annual Data

Trend

May19

May20

May21

May22

May23

Total Current Assets

1.61

2.50

3.47

18.40

14.67

Made Tech Group Semi-Annual Data
	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Current Assets	Get a 7-Day Free Trial				15.76	18.40	15.35	14.67	15.17

Made Tech 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.

Made Tech Group's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.474	+	6.193	+	0	+	0
	=	14.67

Made Tech Group's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.878	+	7.288	+	0	+	0
	=	15.17

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.

Made Tech Group (LSE:MTEC) 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.

Made Tech Group's Liquidation Value for the quarter that ended in Nov. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.878	-	5.265	+	0.75 * 7.288	+	0.5 * 0
=	8.08

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Made Tech Group (LSE:MTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Made Tech Group PLC (LSE:MTEC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

5UH:Germany

Address

4 O’Meara Street, London, GBR, SE1 1TE

Website

https://www.madetech.com

Made Tech Group PLC provides digital, data and technology services to the UK public sector, that enables central government, healthcare, and local government organisations to digitally transform. Its projects include delivering and operating the Multichannel Digital Tax Platform (MDTP), which runs HMRC's Making Tax Digital services; supporting the Ministry of Justice to modernise the technology within the prison estate; and working with DVLA to digitally transform key services such as the UK provisional driving licence system.

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