GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Arabian Services Co (SAU:9528) » Definitions » Total Current Assets

Gas Arabian Services Co (SAU:9528) Total Current Assets : ﷼391.0 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Gas Arabian Services Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gas Arabian Services Co's total current assets for the quarter that ended in Dec. 2023 was ﷼391.0 Mil.

Gas Arabian Services Co Total Current Assets Historical Data

The historical data trend for Gas Arabian Services 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.

* Premium members only.

Gas Arabian Services Co Total Current Assets Chart

Gas Arabian Services Co Annual Data
Trend Dec21 Dec22 Dec23
Total Current Assets
313.30 349.82 390.97

Gas Arabian Services Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 313.30 307.88 349.82 361.94 390.97

Gas Arabian Services 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.

Gas Arabian Services Co'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
=91.059+213.295+61.778+24.836
=391.0

Gas Arabian Services Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=91.059+213.295+61.778+24.836
=391.0

* 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.

Gas Arabian Services Co  (SAU:9528) 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.

Gas Arabian Services Co's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=91.059-225.72+0.75 * 167.986+0.5 * 61.778
=22.2

* 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.

Gas Arabian Services Co Total Current Assets Related Terms

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

Gas Arabian Services Co (SAU:9528) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Arabian Services Co (SAU:9528) » Definitions » Total Current Assets
Comparable Companies
SAU:1301 SAU:9558 SAU:9534 SAU:9540 SAU:9518 SAU:4051 SAU:4346 SAU:9532 SAU:9542 SAU:2370 SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR
Traded in Other Exchanges
N/A
Address
Unit no. 8500, Dammam, SAU, 32241-5150
Website
https://www.gasarabian.com
Gas Arabian Services Co is a total solutions provider in the fields of integrated services for oil, petrochemical, chemical & allied industries. It offers leak detection systems, automation, instrumentation, mechanical, piping, static and project management services for petrochemical, electrical, oil and gas, steel, water, and desalination industries. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

Gas Arabian Services Co (SAU:9528) Headlines

No Headlines