Fidel Softech (NSE:FIDEL) Total Current Assets : ₹425.4 Mil (As of Sep. 2024)

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What is Fidel Softech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fidel Softech's total current assets for the quarter that ended in Sep. 2024 was ₹425.4 Mil.

Fidel Softech Total Current Assets Historical Data

The historical data trend for Fidel Softech'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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Fidel Softech Total Current Assets Chart

Fidel Softech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

63.41

116.00

148.61

319.75

374.15

Fidel Softech Quarterly Data
	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial											362.37	-	374.15	-	425.44

Fidel Softech 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.

Fidel Softech's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	191.899	+	134.795	+	0	+	47.454
	=	374.1

Fidel Softech's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	240.007	+	183.239	+	0	+	2.189
	=	425.4

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.

Fidel Softech (NSE:FIDEL) 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.

Fidel Softech's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	240.007	-	81.699	+	0.75 * 142.686	+	0.5 * 0
=	265.3

Fidel Softech Total Current Assets Related Terms

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Fidel Softech Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Marigold Software IT Park, Unit No. 202, 2nd Floor, Marisoft 3, West Wing, Vadgaon Sheri, Pune, MH, IND, 411014

Website

https://www.fidelsoftech.com

Fidel Softech Ltd predominantly works with clients across diverse domains in the areas of Technology Implementation, Localization Services & Consulting or Staffing services. The company is operating only in one segment, namely Language Technology Services and Consultancy Services. Its service offerings include Technology Implementation Services including Software development, Testing, Enterprise solution Implementation & Support (ServiceNow, AWS, Automation Anywhere), Localization services including translation, software localization, video subtitling, consulting and staffing services for developers, testers, automation engineers, and enterprise support engineers among others. Geographically, the company generates a majority of its revenue from its customers located outside India.

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