Carreras (XJAM:CAR) Total Current Assets : JMD4,667 Mil (As of Mar. 2023)

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What is Carreras Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Carreras's total current assets for the quarter that ended in Mar. 2023 was JMD4,667 Mil.

Carreras Total Current Assets Historical Data

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

Carreras Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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2,932.79

3,486.77

4,179.24

4,293.19

4,666.82

Carreras Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Total Current Assets	Get a 7-Day Free Trial									2,932.79	3,486.77	4,179.24	4,293.19	4,666.82

Carreras 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.

Carreras's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1926.039	+	2085.701	+	459.31	+	195.771
	=	4,667

Carreras's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1926.039	+	2085.701	+	459.31	+	195.771
	=	4,667

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.

Carreras (XJAM:CAR) 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.

Carreras's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1926.039	-	3459	+	0.75 * 1992.033	+	0.5 * 459.31
=	191

Carreras Total Current Assets Related Terms

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Carreras (XJAM:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Carreras Ltd (XJAM:CAR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

13A Ripon Road, Kingston, JAM, 5

Website

https://www.carrerasltd.com

Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.