WSZWF (Wesizwe Platinum) Total Current Assets : $88.29 Mil (As of Jun. 2024)

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What is Wesizwe Platinum Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wesizwe Platinum's total current assets for the quarter that ended in Jun. 2024 was $88.29 Mil.

Wesizwe Platinum Total Current Assets Historical Data

The historical data trend for Wesizwe Platinum'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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Wesizwe Platinum Total Current Assets Chart

Wesizwe Platinum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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174.22

127.79

77.27

83.54

87.14

Wesizwe Platinum Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial															93.00	83.54	84.64	87.14	88.29

Wesizwe Platinum 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.

Wesizwe Platinum'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
	=	5.881	+	2.12	+	76.757	+	2.383
	=	87.14

Wesizwe Platinum's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.728	+	4.792	+	77.767	+	1.4210854715202E-14
	=	88.29

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.

Wesizwe Platinum (OTCPK:WSZWF) 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.

Wesizwe Platinum's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.728	-	1175.609	+	0.75 * 0	+	0.5 * 77.767
=	-1,131.00

Wesizwe Platinum Total Current Assets Related Terms

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Wesizwe Platinum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wesizwe Platinum Ltd (OTCPK:WSZWF) » Definitions » Total Current Assets

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WEZ:South Africa

Address

9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128

Website

https://www.wesizwe.co.za

Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

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