Quicktouch Technologies (NSE:QUICKTOUCH) Total Current Assets : ₹391.2 Mil (As of Mar. 2023)

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What is Quicktouch Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quicktouch Technologies's total current assets for the quarter that ended in Mar. 2023 was ₹391.2 Mil.

Quicktouch Technologies Total Current Assets Historical Data

The historical data trend for Quicktouch Technologies'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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Quicktouch Technologies Total Current Assets Chart

Quicktouch Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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5.50

22.26

30.56

74.21

391.16

Quicktouch Technologies Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Total Current Assets	Get a 7-Day Free Trial			5.50	22.26	30.56	74.21	391.16

Quicktouch Technologies 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.

Quicktouch Technologies'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
	=	15.101	+	373.484	+	0	+	2.579
	=	391.2

Quicktouch Technologies'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
	=	15.101	+	373.484	+	0	+	2.579
	=	391.2

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.

Quicktouch Technologies (NSE:QUICKTOUCH) 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.

Quicktouch Technologies'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)
=	15.101	-	339.849	+	0.75 * 361.686	+	0.5 * 0
=	-53.5

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Quicktouch Technologies (NSE:QUICKTOUCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quicktouch Technologies Ltd (NSE:QUICKTOUCH) » Definitions » Total Current Assets

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Address

Netaji Subhash Place, Office No. 203, 2nd Floor, D-Mall, Pitampura, Delhi, IND, 110034

Website

https://www.quicktouch.co.in

Quicktouch Technologies Ltd is an information technology company. The company is in the business of Software IT solutions and Consulting Services, IT Product/Software Development and Software Commercial Training, and Web designing. The company offers Experience Designing, Software Engineering, Content Engineering, Digital Accelerators, Data & Analytics, Data Management & Cloud Adoption.

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