NOF (TSE:4403) Total Current Assets : 円198,226 Mil (As of Dec. 2023)

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What is NOF Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NOF's total current assets for the quarter that ended in Dec. 2023 was 円198,226 Mil.

NOF Total Current Assets Historical Data

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

NOF Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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130,115.00

155,176.00

173,322.00

193,750.00

204,863.00

NOF Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															193,750.00	187,672.00	198,317.00	198,226.00	204,863.00

NOF 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.

NOF'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
	=	91744	+	54603	+	51006	+	7510
	=	204,863

NOF'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
	=	83220	+	50326	+	57252	+	7428
	=	198,226

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.

NOF (TSE:4403) 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.

NOF'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)
=	83220	-	69699	+	0.75 * 50326	+	0.5 * 57252
=	79,892

NOF Total Current Assets Related Terms

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NOF (TSE:4403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NOF Corp (TSE:4403) » Definitions » Total Current Assets

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Address

4-20-3 Ebisu Shibuya-ku, Yebisu Garden Place Tower, Tokyo, JPN, 150-6019

Website

http://www.nof.co.jp

NOF Corp is a Japan-based specialty chemical manufacturer. It is engaged in producing a diversified range of products derived from plant and animal fats. The company's current businesses include oleo and specialty chemicals, functional chemicals and polymers, explosives and propulsion systems, functional foods, life science products, DDS development, display materials, anti-corrosion, logistics and real estate. It operates in four segments such as Functional Chemicals, Life Science, Explosive & Propulsion and Others. Most of its revenues are generated from its Functional Chemicals segment, which is engaged in the sale of fatty acids, surfactants, ethylene oxide, functional films, electronic materials and materials for anti-corrosion.

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