MiX Telematics (MiX Telematics) Total Current Assets : $69.2 Mil (As of Dec. 2023)

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What is MiX Telematics Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MiX Telematics's total current assets for the quarter that ended in Dec. 2023 was $69.2 Mil.

MiX Telematics Total Current Assets Historical Data

The historical data trend for MiX Telematics'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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MiX Telematics Total Current Assets Chart

MiX Telematics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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60.56

53.40

77.23

74.63

69.74

MiX Telematics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															67.94	69.74	67.53	68.16	69.15

MiX Telematics 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.

MiX Telematics'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
	=	29.876	+	24.194	+	4.936	+	10.731
	=	69.7

MiX Telematics's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	25.419	+	33.786	+	5.137	+	4.811
	=	69.2

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.

MiX Telematics (NYSE:MIXT) 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.

MiX Telematics's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.419	-	73.505	+	0.75 * 28.264	+	0.5 * 5.137
=	-24.3

MiX Telematics Total Current Assets Related Terms

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MiX Telematics (MiX Telematics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MiX Telematics Ltd (NYSE:MIXT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MIX:South Africa 3PQA:Germany

Address

750 Park of Commerce Blvd, Suite 310, Boca Raton, FL, USA, 33487

Website

https://www.mixtelematics.com

MiX Telematics Ltd is a mobile asset management solutions company. The company offers fleet and mobile asset management solutions delivered as Software-as-a-Service to customers across the globe. The company solutions include MiX Fleet Manager Premium; MiX Fleet Manager Essential; MiX Asset Manager and other Value Added Services. Geographically, The company derives a majority of its revenue from Africa and also has a presence in the Americas, Middle East and Australasia, Europe, Brazil, and Central Services Organization (CSO). The company derives maximum revenues from subscriptions to its fleet and mobile asset management solutions.

Executives

Robin A Frew	director, 10 percent owner	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Catherine J Lewis	officer: Executive Vice President	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Gert Pretorius	officer: Executive Vice President	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Charles W Tasker	director, officer: Chief Operating Officer	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Paul M Dell	officer: Group Chief Accounting Officer	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
John Granara	director, officer: Vice President and Group CFO	A123 SYSTEMS INC. ARSENAL ON THE CHARLES, 321 ARSENAL STREET, WATERTOWN MA 02472
Stefan B Joselowitz	director, officer: President and CEO	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Ian Jacobs	director	5015 UNDERWOOD AVENUE, OMAHA NE 68132
Masalini Capital Proprietary Ltd	10 percent owner	POSTNET SUITE 1, PRIVATE BAA X7, MUIZENBERG T3 7950
Fikile C Futwa	director	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Stephen R Bruyns	director	P.O. BOX 12326, VORNA VALLEY, JOHANNESBURG T3 1686
Fundiswa Roji-maplanka	director	P.O. BOX 12326, VORNA VALLEY, JOHANNESBERG T3 1686
Masalini Trust	10 percent owner	POSTNET SUITE 1, PRIVATE BAA X7, MUIZENBERG T3 7950