Xeros Technology Group (LSE:XSG) Total Current Assets : £5.53 Mil (As of Jun. 2024)

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What is Xeros Technology Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xeros Technology Group's total current assets for the quarter that ended in Jun. 2024 was £5.53 Mil.

Xeros Technology Group Total Current Assets Historical Data

The historical data trend for Xeros Technology 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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Xeros Technology Group Total Current Assets Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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6.80

5.73

8.26

7.02

2.11

Xeros Technology Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial															4.28	7.02	3.92	2.11	5.53

Xeros Technology 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.

Xeros Technology Group'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
	=	1.599	+	0.143	+	0.159	+	0.209
	=	2.11

Xeros Technology Group's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.715	+	0.65	+	0.16	+	0
	=	5.53

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.

Xeros Technology Group (LSE:XSG) 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.

Xeros Technology Group's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.715	-	1.446	+	0.75 * 0.013	+	0.5 * 0.16
=	3.36

Xeros Technology Group Total Current Assets Related Terms

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Xeros Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (LSE:XSG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2, Evolution, Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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