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National Tyre Services (XZIM:NTS.ZW) Total Current Assets : ZWL114,149 Mil (As of Mar. 2024)


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What is National Tyre Services Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. National Tyre Services's total current assets for the quarter that ended in Mar. 2024 was ZWL114,149 Mil.

National Tyre Services Total Current Assets Historical Data

The historical data trend for National Tyre Services'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.

* Premium members only.

National Tyre Services Total Current Assets Chart

National Tyre Services Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.02 266.40 1,385.93 1,392.23 114,149.24

National Tyre Services Semi-Annual Data
Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.02 266.40 1,385.93 1,392.23 114,149.24

National Tyre Services 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.

National Tyre Services's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2042.887+5069.67+106974.117+62.569000000003
=114,149

National Tyre Services's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2042.887+5069.67+106974.117+62.569000000003
=114,149

* 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.

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.

National Tyre Services  (XZIM:NTS.ZW) 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.

National Tyre Services's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2042.887-94601.888+0.75 * 5069.67+0.5 * 106974.117
=-35,270

* 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.

National Tyre Services Total Current Assets Related Terms

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National Tyre Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » National Tyre Services Ltd (XZIM:NTS.ZW) » Definitions » Total Current Assets
Comparable Companies
TSE:6902 XPAR:ML TSE:5108 SHSE:600660 XKRX:012330 GPC SHSE:601689 TSE:5802 APTV XTER:CON MBLY XTER:KBX TSX:MG NSE:MOTHERSON BOM:500530 ALSN XTER:HLE LKQ SZSE:002920 TSE:7259
Traded in Other Exchanges
N/A
Address
Corner Cripps and Seke Roads, P.O. Box 3018, Stand No. 4608, Graniteside, Harare, ZWE
Website
https://www.ntsgroup.co.zw
National Tyre Services Ltd is engaged in reprocessing and the retailing of tyres. The company is a retailer of new tyres and tubes. In addition, its other activities include relugging of agriculture and earth moving tyres and the procurement of truck tyres for the Zimbabwe transport industry. The company's product consists of Dunlop, Bridgestone, Firestone, Yokohama, Pirelli, Bandag, Regal, and Comforser which offers passenger, sports utility vehicle, light truck, trucks, and bus, off-the-road, agriculture, application-specific and light truck tyres. The company has over 10 retail outlets situated throughout the country with over three being located in Harare.

National Tyre Services Headlines

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