Aluworks (XGHA:ALW) Total Current Assets : GHS15.18 Mil (As of Dec. 2020)

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What is Aluworks Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Aluworks's total current assets for the quarter that ended in Dec. 2020 was GHS15.18 Mil.

Aluworks Total Current Assets Historical Data

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

Aluworks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Current Assets

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22.63

21.10

16.78

19.47

15.18

Aluworks Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Total Current Assets	Get a 7-Day Free Trial			22.63	21.10	16.78	19.47	15.18

Aluworks 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.

Aluworks's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.141	+	0.938	+	12.191	+	1.912
	=	15.18

Aluworks's Total Current Assets for the quarter that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.141	+	0.938	+	12.191	+	1.912
	=	15.18

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.

Aluworks (XGHA:ALW) 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.

Aluworks's Liquidation Value for the quarter that ended in Dec. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.141	-	230.081	+	0.75 * 0.398	+	0.5 * 12.191
=	-223.55

Aluworks Total Current Assets Related Terms

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Aluworks (XGHA:ALW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluworks Ltd (XGHA:ALW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA

Website

https://www.aluworks.com

Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.

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