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Rockingdeals Circular Economy (NSE:ROCKINGDCE) Total Current Assets : ₹337.1 Mil (As of Mar. 2024)


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What is Rockingdeals Circular Economy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rockingdeals Circular Economy's total current assets for the quarter that ended in Mar. 2024 was ₹337.1 Mil.


Rockingdeals Circular Economy Total Current Assets Historical Data

The historical data trend for Rockingdeals Circular Economy'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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Rockingdeals Circular Economy Total Current Assets Chart

Rockingdeals Circular Economy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Current Assets
137.13 89.79 74.09 337.11

Rockingdeals Circular Economy Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Current Assets 137.13 89.79 74.09 337.11

Rockingdeals Circular Economy 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.

Rockingdeals Circular Economy's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Rockingdeals Circular Economy's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.


Rockingdeals Circular Economy  (NSE:ROCKINGDCE) 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.

Rockingdeals Circular Economy'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)
=17.936-50.806+0.75 * 58.831+0.5 * 229.137
=125.8

* 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.


Rockingdeals Circular Economy Total Current Assets Related Terms

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Rockingdeals Circular Economy Business Description

Traded in Other Exchanges
N/A
Address
Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Sarai Khawaja Village, Faridabad, HR, IND, 121003
Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

Rockingdeals Circular Economy Headlines

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