Express Kenya (NAI:XPRS) Total Current Assets : KES63.75 Mil (As of Dec. 2021)

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What is Express Kenya Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Express Kenya's total current assets for the quarter that ended in Dec. 2021 was KES63.75 Mil.

Express Kenya Total Current Assets Historical Data

The historical data trend for Express Kenya'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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Express Kenya Total Current Assets Chart

Express Kenya Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

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96.83

75.46

75.91

68.35

63.75

Express Kenya Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Total Current Assets	Get a 7-Day Free Trial						96.83	75.46	75.91	68.35	63.75

Express Kenya 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.

Express Kenya's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.302	+	3.394	+	28.752	+	31.301
	=	63.75

Express Kenya's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.302	+	3.394	+	28.752	+	31.301
	=	63.75

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.

Express Kenya (NAI:XPRS) 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.

Express Kenya's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.302	-	709.932	+	0.75 * 3.394	+	0.5 * 28.752
=	-692.71

Express Kenya Total Current Assets Related Terms

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Express Kenya (NAI:XPRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Express Kenya PLC (NAI:XPRS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100

Website

http://www.expresskenya.co.ke

Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

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