SPP Polymer (NSE:SPPPOLY) Total Current Assets : ₹446.3 Mil (As of Mar. 2024)

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What is SPP Polymer Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SPP Polymer's total current assets for the quarter that ended in Mar. 2024 was ₹446.3 Mil.

SPP Polymer Total Current Assets Historical Data

The historical data trend for SPP Polymer'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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SPP Polymer Total Current Assets Chart

SPP Polymer Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

151.44

256.49

259.13

446.28

SPP Polymer Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Total Current Assets	151.44	256.49	259.13	446.28

SPP Polymer 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.

SPP Polymer'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
	=	0.785	+	177.311	+	246.082	+	22.099
	=	446.3

SPP Polymer'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
	=	0.785	+	177.311	+	246.082	+	22.099
	=	446.3

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.

SPP Polymer (NSE:SPPPOLY) 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.

SPP Polymer'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)
=	0.785	-	455.885	+	0.75 * 141.183	+	0.5 * 246.082
=	-226.2

SPP Polymer Total Current Assets Related Terms

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SPP Polymer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SPP Polymer Ltd (NSE:SPPPOLY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153

Website

https://www.spppolymer.com

SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.

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