RECT (Rectitude Holdings) Total Current Assets : $17.64 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Rectitude Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rectitude Holdings's total current assets for the quarter that ended in Mar. 2024 was $17.64 Mil.

Rectitude Holdings Total Current Assets Historical Data

The historical data trend for Rectitude Holdings'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.

Rectitude Holdings Total Current Assets Chart

Rectitude Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Total Current Assets

12.35

14.76

17.64

Rectitude Holdings Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24
Total Current Assets	12.35	-	14.76	14.62	17.64

Rectitude Holdings 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.

Rectitude Holdings'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
	=	2.587	+	8.954	+	4.662	+	1.432
	=	17.64

Rectitude Holdings'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
	=	2.587	+	8.954	+	4.662	+	1.432
	=	17.64

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.

Rectitude Holdings (NAS:RECT) 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.

Rectitude Holdings'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)
=	2.587	-	14.636	+	0.75 * 8.584	+	0.5 * 4.662
=	-3.28

Rectitude Holdings Total Current Assets Related Terms

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

Rectitude Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rectitude Holdings Ltd (NAS:RECT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35 Tampines Industrial Avenue 5, T5 Tampines, Singapore, SGP, 528627

Website

https://www.rectitude.com.sg

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks.