Nippon Shokubai Co (Nippon Shokubai Co) Total Current Assets : $1,733 Mil (As of Mar. 2024)

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What is Nippon Shokubai Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nippon Shokubai Co's total current assets for the quarter that ended in Mar. 2024 was $1,733 Mil.

Nippon Shokubai Co Total Current Assets Historical Data

The historical data trend for Nippon Shokubai Co'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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Nippon Shokubai Co Total Current Assets Chart

Nippon Shokubai Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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1,808.90

1,764.56

2,004.23

1,825.87

1,733.29

Nippon Shokubai Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,825.87	1,760.66	1,714.13	1,721.88	1,733.29

Nippon Shokubai Co 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.

Nippon Shokubai Co'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
	=	479.179	+	655.333	+	563.655	+	35.122
	=	1,733

Nippon Shokubai Co'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
	=	479.179	+	655.333	+	563.655	+	35.122
	=	1,733

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.

Nippon Shokubai Co (OTCPK:NSHKF) 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.

Nippon Shokubai Co'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)
=	479.179	-	1011.21	+	0.75 * 655.333	+	0.5 * 563.655
=	241

Nippon Shokubai Co Total Current Assets Related Terms

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Nippon Shokubai Co (Nippon Shokubai Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Shokubai Co Ltd (OTCPK:NSHKF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

4114:Japan

Address

4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN

Website

http://www.shokubai.co.jp

Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.

Nippon Shokubai Co (Nippon Shokubai Co) Headlines

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