Quality Foils (India) (NSE:QFIL) Total Current Assets : ₹462 Mil (As of Sep. 2023)

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What is Quality Foils (India) Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quality Foils (India)'s total current assets for the quarter that ended in Sep. 2023 was ₹462 Mil.

Quality Foils (India) Total Current Assets Historical Data

The historical data trend for Quality Foils (India)'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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Quality Foils (India) Total Current Assets Chart

Quality Foils (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Current Assets

441.22

446.50

567.75

544.30

Quality Foils (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial			446.50	567.75	499.88	544.30	462.19

Quality Foils (India) 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.

Quality Foils (India)'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
	=	46.649	+	302.942	+	169.945	+	24.765
	=	544

Quality Foils (India)'s Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	15.825	+	298.819	+	135.368	+	12.181
	=	462

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.

Quality Foils (India) (NSE:QFIL) 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.

Quality Foils (India)'s Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.825	-	399.907	+	0.75 * 259.489	+	0.5 * 135.368
=	-122

Quality Foils (India) Total Current Assets Related Terms

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Quality Foils (India) (NSE:QFIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Quality Foils (India) Ltd (NSE:QFIL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Industrial Development Colony, Hisar, HR, IND, 125005

Website

https://www.qualitygroup.in

Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

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