Rappid Valves (India) (NSE:RAPPID) Total Current Assets : ₹230.9 Mil (As of Mar. 2024)

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What is Rappid Valves (India) Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rappid Valves (India)'s total current assets for the quarter that ended in Mar. 2024 was ₹230.9 Mil.

Rappid Valves (India) Total Current Assets Historical Data

The historical data trend for Rappid Valves (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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Rappid Valves (India) Total Current Assets Chart

Rappid Valves (India) Annual Data

Trend

Mar22

Mar23

Mar24

Total Current Assets

81.10

118.99

230.94

Rappid Valves (India) Semi-Annual Data
	Mar22	Mar23	Mar24
Total Current Assets	81.10	118.99	230.94

Rappid Valves (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.

Rappid Valves (India)'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
	=	15.83	+	84.261	+	115.806	+	15.044
	=	230.9

Rappid Valves (India)'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
	=	15.83	+	84.261	+	115.806	+	15.044
	=	230.9

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.

Rappid Valves (India) (NSE:RAPPID) 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.

Rappid Valves (India)'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)
=	15.83	-	177.245	+	0.75 * 77.953	+	0.5 * 115.806
=	-45.0

Rappid Valves (India) Total Current Assets Related Terms

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Rappid Valves (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rappid Valves (India) Ltd (NSE:RAPPID) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Genesis Industrial Complex, Plot No.30 & 31, Village Kolgaon, Palghar (East), District Palghar, Thane, MH, IND, 401404

Website

https://www.rappidvalves.in

Rappid Valves (India) Ltd is an engineering company engaged in the manufacturing of Valve solutions. Its product portfolio includes Ball valves, Gate Valves, Globe Valves, Butterfly Valves, Check Valves, Double Block valves, Strainer Valves and Marine Valves which are manufactured using ferrous and non-ferrous materials, sizes ranging from 15mm to 600mm catering to diverse requirement.

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