Software Circle (LSE:SFT) Total Current Assets : £21.56 Mil (As of Sep. 2023)

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What is Software Circle Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Software Circle's total current assets for the quarter that ended in Sep. 2023 was £21.56 Mil.

Software Circle Total Current Assets Historical Data

The historical data trend for Software Circle'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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Software Circle Total Current Assets Chart

Software Circle Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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5.37

4.05

5.01

9.29

5.97

Software Circle Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															5.85	9.29	7.09	5.97	21.56

Software Circle 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.

Software Circle'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
	=	1.994	+	3.68	+	0.031	+	0.265
	=	5.97

Software Circle'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
	=	18.707	+	2.477	+	0.028	+	0.346
	=	21.56

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.

Software Circle (LSE:SFT) 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.

Software Circle'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)
=	18.707	-	15.554	+	0.75 * 1.867	+	0.5 * 0.028
=	4.57

Software Circle Total Current Assets Related Terms

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Software Circle (LSE:SFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Software Circle Plc (LSE:SFT) » Definitions » Total Current Assets

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Address

Third Avenue, The Village, Trafford Park, Manchester, GBR, M17 1FG

Website

https://www.softwarecircle.com

Software Circle Plc is a UK-based company who is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

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