Accordant Group (NZSE:AGL) Total Current Assets : NZ$26.2 Mil (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Accordant Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Accordant Group's total current assets for the quarter that ended in Sep. 2023 was NZ$26.2 Mil.

Accordant Group Total Current Assets Historical Data

The historical data trend for Accordant Group'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.

* Premium members only.

Accordant Group Total Current Assets Chart

Accordant Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

Get a 7-Day Free Trial

39.28

59.71

25.25

30.94

25.95

Accordant Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															28.29	30.94	27.63	25.95	26.16

Accordant Group 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.

Accordant Group'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
	=	1.954	+	23.771	+	0	+	0.221
	=	25.9

Accordant Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.36	+	22.515	+	0	+	0.287
	=	26.2

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.

Accordant Group (NZSE:AGL) 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.

Accordant Group's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.36	-	58.48	+	0.75 * 22.515	+	0.5 * 0
=	-38.2

Accordant Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Accordant Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Accordant Group (NZSE:AGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Accordant Group Ltd (NZSE:AGL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010

Website

https://www.accordant.nz

Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.