Oman Flour Mills (MUS:OFMI) Total Current Assets : ر.ع54.09 Mil (As of Jun. 2019)

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What is Oman Flour Mills Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Oman Flour Mills's total current assets for the quarter that ended in Jun. 2019 was ر.ع54.09 Mil.

Oman Flour Mills Total Current Assets Historical Data

The historical data trend for Oman Flour Mills'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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Oman Flour Mills Total Current Assets Chart

Oman Flour Mills Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Total Current Assets

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39.27

45.58

43.60

48.68

54.84

Oman Flour Mills Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Sep18	Mar19	Jun19
Total Current Assets	Get a 7-Day Free Trial															56.73	60.57	58.08	59.80	54.09

Oman Flour Mills 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.

Oman Flour Mills'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
	=	21.952	+	20.249	+	12.641	+	0
	=	54.84

Oman Flour Mills's Total Current Assets for the quarter that ended in Jun. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	10.945	+	14.731	+	26.458	+	1.951
	=	54.09

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.

Oman Flour Mills (MUS:OFMI) 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.

Oman Flour Mills's Liquidation Value for the quarter that ended in Jun. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.945	-	26.484	+	0.75 * 13.949	+	0.5 * 26.458
=	8.15

Oman Flour Mills Total Current Assets Related Terms

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Oman Flour Mills (MUS:OFMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oman Flour Mills (MUS:OFMI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 566, Ruwi, OMN, 112

Website

http://www.omanflourmills.com

Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the processing and sale of a flour mill and feed mill. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.

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