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Milton Industries (NSE:MILTON) Total Current Assets : ₹486.1 Mil (As of Mar. 2022)


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What is Milton Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Milton Industries's total current assets for the quarter that ended in Mar. 2022 was ₹486.1 Mil.

Milton Industries Total Current Assets Historical Data

The historical data trend for Milton Industries'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.

* Premium members only.

Milton Industries Total Current Assets Chart

Milton Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 578.14 518.21 587.66 505.54 486.15

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 578.14 518.21 587.66 505.54 486.15

Milton Industries 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.

Milton Industries's Total Current Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=15.175+224.063+213.228+33.682
=486.1

Milton Industries's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=15.175+224.063+213.228+33.682
=486.1

* 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.

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.

Milton Industries  (NSE:MILTON) 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.

Milton Industries's Liquidation Value for the quarter that ended in Mar. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.175-215.323+0.75 * 201.77+0.5 * 213.228
=57.8

* 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.

Milton Industries Total Current Assets Related Terms

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Milton Industries (NSE:MILTON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Website
https://www.miltonindustries.in
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

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