Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Total Current Assets : ₱32,607.15 Mil (As of Sep. 2023)

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What is Phoenix Petroleum Philippines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Phoenix Petroleum Philippines's total current assets for the quarter that ended in Sep. 2023 was ₱32,607.15 Mil.

Phoenix Petroleum Philippines Total Current Assets Historical Data

The historical data trend for Phoenix Petroleum Philippines'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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Phoenix Petroleum Philippines Total Current Assets Chart

Phoenix Petroleum Philippines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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37,259.78

42,357.39

33,741.80

35,020.73

31,373.95

Phoenix Petroleum Philippines Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															36,713.19	31,373.95	30,217.08	31,111.77	32,607.15

Phoenix Petroleum Philippines 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.

Phoenix Petroleum Philippines's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4180.737	+	14384.291	+	1678.208	+	11130.711
	=	31,373.95

Phoenix Petroleum Philippines'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
	=	2404.353	+	22316.656	+	814.087	+	7072.049
	=	32,607.15

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.

Phoenix Petroleum Philippines (PHS:PNX3B.PFD) 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.

Phoenix Petroleum Philippines'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)
=	2404.353	-	72310.358	+	0.75 * 18571.933	+	0.5 * 814.087
=	-55,570.01

Phoenix Petroleum Philippines Total Current Assets Related Terms

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Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phoenix Petroleum Philippines Inc (PHS:PNX3B.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PNX4.PFD:Philippines PNX:Philippines

Address

Stella Hizon Reyes Road, Phoenix Bulk Depot, Barrio Pampanga, Lanang, Davao, PHL, 8000

Website

https://www.phoenixfuels.ph

Phoenix Petroleum Philippines Inc is a Philippines-based company. Its segments include Trading, which is the key revenue driver, engaged in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing, and distribution of goods and wares such as petroleum products (on a wholesale basis), adhesives, glues, bonding agents, epoxy resins, lubricants, and other products; Depot and logistics services engaged in operating oil depots, storage facilities and provides logistics services to various entities; and Real estate involved in real estate development, management, and operations. Geographically, the company operates in the Philippines, Singapore, and Vietnam. The majority of its revenue is generated from Singapore.

Phoenix Petroleum Philippines (PHS:PNX3B.PFD) Headlines

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