Petmin (LSE:PTMN) Total Current Assets : £33.48 Mil (As of Dec. 2016)

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What is Petmin Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Petmin's total current assets for the quarter that ended in Dec. 2016 was £33.48 Mil.

Petmin Total Current Assets Historical Data

The historical data trend for Petmin'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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Petmin Total Current Assets Chart

Petmin Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Total Current Assets

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37.95

23.43

26.73

32.46

28.46

Petmin Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Total Current Assets	Get a 7-Day Free Trial										25.00	32.46	29.85	28.46	33.48

Petmin 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.

Petmin's Total Current Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	9.578	+	0	+	12.489	+	6.394
	=	28.46

Petmin's Total Current Assets for the quarter that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.202	+	0	+	14.762	+	10.519
	=	33.48

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.

Petmin (LSE:PTMN) 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.

Petmin's Liquidation Value for the quarter that ended in Dec. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.202	-	44.097	+	0.75 * 0	+	0.5 * 14.762
=	-28.51

Petmin Total Current Assets Related Terms

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Petmin Business Description

Industry

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Address

Website

http://www.petmin.co.za

Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversiï¬ed with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.