Minox International Group Bhd (XKLS:0288) Total Current Assets : RM69.10 Mil (As of Dec. 2023)

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What is Minox International Group Bhd Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Minox International Group Bhd's total current assets for the quarter that ended in Dec. 2023 was RM69.10 Mil.

Minox International Group Bhd Total Current Assets Historical Data

The historical data trend for Minox International Group Bhd'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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Minox International Group Bhd Total Current Assets Chart

Minox International Group Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

31.75

36.41

39.95

48.86

69.10

Minox International Group Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Total Current Assets	31.75	36.41	39.95	48.86	69.10

Minox International Group Bhd 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.

Minox International Group Bhd'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
	=	31.998	+	7.234	+	27.023	+	2.849
	=	69.10

Minox International Group Bhd'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
	=	31.998	+	7.234	+	27.023	+	2.849
	=	69.10

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.

Minox International Group Bhd (XKLS:0288) 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.

Minox International Group Bhd'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)
=	31.998	-	36.505	+	0.75 * 7.19	+	0.5 * 27.023
=	14.40

Minox International Group Bhd Total Current Assets Related Terms

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Minox International Group Bhd (XKLS:0288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Minox International Group Bhd (XKLS:0288) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100

Website

https://www.minox.biz

Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

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