Philex Mining (PHS:PX) Total Current Assets : ₱8,965 Mil (As of Sep. 2024)

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What is Philex Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Philex Mining's total current assets for the quarter that ended in Sep. 2024 was ₱8,965 Mil.

Philex Mining Total Current Assets Historical Data

The historical data trend for Philex Mining'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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Philex Mining Total Current Assets Chart

Philex Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,921.38

3,444.69

5,721.73

6,422.76

6,202.52

Philex Mining Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															8,008.48	6,202.52	6,676.98	12,380.07	8,964.69

Philex Mining 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.

Philex Mining's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3814.35	+	405.641	+	1245.128	+	737.399
	=	6,203

Philex Mining'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
	=	5551.076	+	443.873	+	1551.011	+	1418.734
	=	8,965

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.

Philex Mining (PHS:PX) 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.

Philex Mining'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)
=	5551.076	-	20421.194	+	0.75 * 270.133	+	0.5 * 1551.011
=	-13,892

Philex Mining Total Current Assets Related Terms

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Philex Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Philex Mining Corp (PHS:PX) » Definitions » Total Current Assets

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PXMFF:USA

Address

Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550

Website

https://www.philexmining.com.ph

Philex Mining Corporation is a mining and energy company based in the Philippines. The company is organized across two main business groupings: the mining and metals business, and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output are largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.