RC365 Holding (LSE:RCGH) Total Current Assets : £2.98 Mil (As of Sep. 2023)

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What is RC365 Holding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. RC365 Holding's total current assets for the quarter that ended in Sep. 2023 was £2.98 Mil.

RC365 Holding Total Current Assets Historical Data

The historical data trend for RC365 Holding'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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RC365 Holding Total Current Assets Chart

RC365 Holding Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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0.30

0.89

0.69

2.46

3.40

RC365 Holding Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial				2.96	2.46	2.36	3.40	2.98

RC365 Holding 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.

RC365 Holding's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.112	+	1.889	+	0	+	0.397
	=	3.40

RC365 Holding's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.141	+	0.363	+	0	+	0.48
	=	2.98

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.

RC365 Holding (LSE:RCGH) 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.

RC365 Holding's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.141	-	2.615	+	0.75 * 0.119	+	0.5 * 0
=	-0.38

RC365 Holding Total Current Assets Related Terms

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RC365 Holding (LSE:RCGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RC365 Holding PLC (LSE:RCGH) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

L2G:Germany

Address

78 Cannon Street, Cannon Place, London, GBR, EC4N 6AF

Website

https://www.rc365plc.com

RC365 Holding PLC focuses on payment gateway solutions and IT support and security services. Its segments include Payment gateway solutions (online and offline), which provide an efficient and secure payment gateway service aimed at facilitating the growing banking needs of the Asian community for cross-border payment services. IT support and security services, which provides IT technical support services, cyber security consulting services, and portal support services to its clients. The Group offers its services to a range of different customers, individuals, local SME retail groups, or cross-border customers and will continue to seek to maintain its customer-centric approach, delivering the possible service.

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