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Rasan Information Technology Co (SAU:8313) Total Current Assets : ﷼586.6 Mil (As of Sep. 2024)


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What is Rasan Information Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rasan Information Technology Co's total current assets for the quarter that ended in Sep. 2024 was ﷼586.6 Mil.

Rasan Information Technology Co Total Current Assets Historical Data

The historical data trend for Rasan Information Technology 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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Rasan Information Technology Co Total Current Assets Chart

Rasan Information Technology Co Annual Data
Trend
Total Current Assets

Rasan Information Technology Co Quarterly Data
Jun23 Sep23 Jun24 Sep24
Total Current Assets - - 468.48 586.61

Rasan Information Technology 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.

Rasan Information Technology Co's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=+++
=0.0

Rasan Information Technology Co'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
=384.612+200.22+0+1.773
=586.6

* 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.

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.

Rasan Information Technology Co  (SAU:8313) 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.

Rasan Information Technology Co'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)
=384.612-291.181+0.75 * 157.021+0.5 * 0
=211.2

* 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.

Rasan Information Technology Co Total Current Assets Related Terms

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Rasan Information Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Rasan Information Technology Co (SAU:8313) » Definitions » Total Current Assets
Comparable Companies
SAU:8200 SAU:8060 SAU:8030 SAU:8070 SAU:8250 SAU:8240 SAU:8040 SAU:8012 SAU:8300 SAU:8170 MMC AJG AON BRO WTW ERIE BOM:543390 CRVL ASX:SDF BWIN
Traded in Other Exchanges
N/A
Address
No. 3413, Al Thumama Road, 1st Floor, Al-Jadah Square, Qurtuba District, Riyadh, SAU, 13248
Website
https://www.rasan.co
Rasan Information Technology Co is engaged in online wholesale, electronic publishing, ready software publishing, systems analysis, design and customization of program software, software maintenance, web page design, setting up of web page hosting infrastructure, providing SMS design, and website design. Currently, it is engaged in providing insurance aggregator, online auto auction, and online leasing insurance services. The company's operating segments include Tameeni-Motors, Tameeni-Health, Leasing, Awal Mazad, and R Solutions. Maximum revenue is derived from the Tameeni Motors segment which offers a B2C digital platform providing vehicle owners access to motor insurers.

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