MeGroup (SGX:SJY) Total Current Assets : S$23.1 Mil (As of Sep. 2023)

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What is MeGroup Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MeGroup's total current assets for the quarter that ended in Sep. 2023 was S$23.1 Mil.

MeGroup Total Current Assets Historical Data

The historical data trend for MeGroup'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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MeGroup Total Current Assets Chart

MeGroup Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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18.47

14.26

13.98

16.47

20.97

MeGroup Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial										13.86	16.47	16.00	20.97	23.10

MeGroup 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.

MeGroup's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.575	+	5.982	+	8.053	+	3.359
	=	21.0

MeGroup'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
	=	5.095	+	5.912	+	10.202	+	1.889
	=	23.1

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.

MeGroup (SGX:SJY) 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.

MeGroup'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)
=	5.095	-	35.125	+	0.75 * 5.734	+	0.5 * 10.202
=	-20.6

MeGroup Total Current Assets Related Terms

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MeGroup (SGX:SJY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MeGroup Ltd (SGX:SJY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Cecil Street, No. 14-01 Keck Seng Tower, Singapore, SGP, 069535

Website

https://www.me-grp.com

MeGroup Ltd is an automotive company. The company is involved in the manufacturing of noise, vibration, and harshness (NVH) and non-NVH components for the automotive industry. The business activities of the group function through the manufacturing business and dealership business segments where the manufacturing business segment specializes in manufacturing NVH components such as headliners and engine outers which are incorporated into various parts of automobiles, including the ceiling, dashboard, hood, and boot, as well as non-NVH components such as parcel trays and board assembly decks and the dealership business derives the majority of revenue which comprises several 3S and 4S automobile dealerships for the sale of new automobiles.

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