Indian Card Clothing Co (NSE:INDIANCARD) Total Current Assets : ₹956.8 Mil (As of Mar. 2024)

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What is Indian Card Clothing Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Indian Card Clothing Co's total current assets for the quarter that ended in Mar. 2024 was ₹956.8 Mil.

Indian Card Clothing Co Total Current Assets Historical Data

The historical data trend for Indian Card Clothing Co'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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Indian Card Clothing Co Total Current Assets Chart

Indian Card Clothing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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474.60

546.87

2,162.30

1,438.62

956.76

Indian Card Clothing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,438.62	-	1,221.64	-	956.76

Indian Card Clothing Co 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.

Indian Card Clothing Co'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
	=	532.528	+	112.77	+	95.725	+	215.74
	=	956.8

Indian Card Clothing Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	532.528	+	112.77	+	95.725	+	215.74
	=	956.8

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.

Indian Card Clothing Co (NSE:INDIANCARD) 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.

Indian Card Clothing Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	532.528	-	458.314	+	0.75 * 112.77	+	0.5 * 95.725
=	206.7

Indian Card Clothing Co Total Current Assets Related Terms

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Indian Card Clothing Co (NSE:INDIANCARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indian Card Clothing Co Ltd (NSE:INDIANCARD) » Definitions » Total Current Assets

Traded in Other Exchanges

509692:India

Address

Koregaon Park Annexe, 14th Floor, B Wing, AP-81, Mundhwa, Pune, MH, IND, 411036

Website

https://www.cardindia.com

Indian Card Clothing Co Ltd is a manufacturer of card clothing based in India. The company operates through two divisions: Card Clothing and Realty. It generates maximum revenue from the Card Clothing segment. Geographically, it sells its products in India and also exports them to other countries, from which the company derives a majority of its revenue from India. The company's product portfolio comprises Carding Solutions by Product Type which includes Cylinder Wires, Doffer Wires, Lickerin Wires, and Flat Tops. Carding Solutions by Material Type which includes Cotton and Synthetics, Woollen and Others, and Metallic Wires for Non-Woven and Carding solutions by application which includes Card clothing, Card room machinery, and Upgradation products.

Indian Card Clothing Co (NSE:INDIANCARD) Headlines

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