SMB Cote d'Ivoire (XBRV:SMBC) Total Current Assets : XOF162,204 Mil (As of Dec. 2023)

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What is SMB Cote d'Ivoire Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SMB Cote d'Ivoire's total current assets for the quarter that ended in Dec. 2023 was XOF162,204 Mil.

SMB Cote d'Ivoire Total Current Assets Historical Data

The historical data trend for SMB Cote d'Ivoire'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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SMB Cote d'Ivoire Total Current Assets Chart

SMB Cote d'Ivoire Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

88,869.00

61,961.00

85,894.00

140,661.00

162,204.00

SMB Cote d'Ivoire Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Current Assets	Get a 7-Day Free Trial										88,869.00	61,961.00	85,894.00	140,661.00	162,204.00

SMB Cote d'Ivoire 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.

SMB Cote d'Ivoire'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
	=	7004	+	93286	+	61769	+	145
	=	162,204

SMB Cote d'Ivoire'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
	=	7004	+	93286	+	61769	+	145
	=	162,204

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.

SMB Cote d'Ivoire (XBRV:SMBC) 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.

SMB Cote d'Ivoire'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)
=	7004	-	148042	+	0.75 * 93286	+	0.5 * 61769
=	-40,189

SMB Cote d'Ivoire Total Current Assets Related Terms

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SMB Cote d'Ivoire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SMB Cote d'Ivoire (XBRV:SMBC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622

Website

http://www.smbci.ci

SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.