Vraj Iron and Steel (NSE:VRAJ) Total Current Assets : ₹1,605 Mil (As of Sep. 2024)

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What is Vraj Iron and Steel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vraj Iron and Steel's total current assets for the quarter that ended in Sep. 2024 was ₹1,605 Mil.

Vraj Iron and Steel Total Current Assets Historical Data

The historical data trend for Vraj Iron and Steel'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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Vraj Iron and Steel Total Current Assets Chart

Vraj Iron and Steel Annual Data

Trend

Mar21

Mar22

Mar23

Total Current Assets

444.78

728.96

1,094.39

Vraj Iron and Steel Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Sep24
Total Current Assets	Get a 7-Day Free Trial			728.96	1,094.39	-	1,139.16	1,604.57

Vraj Iron and Steel 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.

Vraj Iron and Steel'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
	=	2.64	+	486.48	+	317.1	+	288.17
	=	1,094

Vraj Iron and Steel's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	606.12	+	171.97	+	527.78	+	298.7
	=	1,605

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.

Vraj Iron and Steel (NSE:VRAJ) 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.

Vraj Iron and Steel's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	606.12	-	287.95	+	0.75 * 171.55	+	0.5 * 527.78
=	711

Vraj Iron and Steel Total Current Assets Related Terms

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Vraj Iron and Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vraj Iron and Steel Ltd (NSE:VRAJ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

544204:India

Address

First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001

Website

https://www.vrajtmt.in

Vraj Iron and Steel Ltd is engaged in the manufacturing & trading of Iron and Steel & Power. The company offers products such as Sponge Iron, TMT Bar, and MS Billets under the brand Vraj. The company generates the majority of its revenue from the sale of products.

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