Fan Milk (XGHA:FML) Total Current Assets : GHS393.2 Mil (As of Dec. 2022)

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What is Fan Milk Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fan Milk's total current assets for the quarter that ended in Dec. 2022 was GHS393.2 Mil.

Fan Milk Total Current Assets Historical Data

The historical data trend for Fan Milk'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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Fan Milk Total Current Assets Chart

Fan Milk Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Total Current Assets

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116.57

129.48

183.85

374.49

393.18

Fan Milk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Sep18	Dec18	Sep19	Dec19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Current Assets	Get a 7-Day Free Trial															374.49	403.16	372.65	409.30	393.18

Fan Milk 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.

Fan Milk's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	61.32	+	170.2	+	150.977	+	10.681
	=	393.2

Fan Milk's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	61.32	+	170.2	+	150.977	+	10.681
	=	393.2

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.

Fan Milk (XGHA:FML) 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.

Fan Milk's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	61.32	-	378.981	+	0.75 * 55.148	+	0.5 * 150.977
=	-200.8

Fan Milk Total Current Assets Related Terms

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Fan Milk (XGHA:FML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fan Milk PLC (XGHA:FML) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website

https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

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