Arabian Petroleum (NSE:ARABIAN) Total Current Assets : ₹632 Mil (As of Mar. 2023)

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What is Arabian Petroleum Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Arabian Petroleum's total current assets for the quarter that ended in Mar. 2023 was ₹632 Mil.

Arabian Petroleum Total Current Assets Historical Data

The historical data trend for Arabian Petroleum'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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Arabian Petroleum Total Current Assets Chart

Arabian Petroleum Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

260.35

275.80

405.10

604.55

632.16

Arabian Petroleum Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Total Current Assets	260.35	275.80	405.10	604.55	632.16

Arabian Petroleum 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.

Arabian Petroleum'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
	=	6.846	+	345.045	+	257.436	+	22.835
	=	632

Arabian Petroleum's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.846	+	345.045	+	257.436	+	22.835
	=	632

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.

Arabian Petroleum (NSE:ARABIAN) 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.

Arabian Petroleum's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.846	-	544.808	+	0.75 * 341.013	+	0.5 * 257.436
=	-153

Arabian Petroleum Total Current Assets Related Terms

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Arabian Petroleum (NSE:ARABIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505

Website

https://www.arabianpetroleum.co.in

Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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