Star Africa (XZIM:SACL.ZW) Total Current Assets : ZWG30,505 Mil (As of Mar. 2024)

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What is Star Africa Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Star Africa's total current assets for the quarter that ended in Mar. 2024 was ZWG30,505 Mil.

Star Africa Total Current Assets Historical Data

The historical data trend for Star Africa'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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Star Africa Total Current Assets Chart

Star Africa Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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136.39

119.90

492.49

17,641.63

30,504.74

Star Africa Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Current Assets	Get a 7-Day Free Trial			492.49	-	17,641.63	1,478.99	30,504.74

Star Africa 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.

Star Africa'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
	=	270.336	+	2915.597	+	24743.816	+	2574.993
	=	30,505

Star Africa'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
	=	270.336	+	2915.597	+	24743.816	+	2574.993
	=	30,505

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.

Star Africa (XZIM:SACL.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.

Star Africa'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)
=	270.336	-	28626.713	+	0.75 * 2638.359	+	0.5 * 24743.816
=	-14,006

Star Africa Total Current Assets Related Terms

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Star Africa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Star Africa Corp Ltd (XZIM:SACL.ZW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Douglas Road, P. O. Box 396, Southerton, Workington, Harare, ZWE

Website

https://www.starafricacorporation.com

Star Africa Corp Ltd is a Zimbabwe-based sugar manufacturer. The company operates its business activities in two reportable operating segments including the Food segment and the Property segment. The Food segment is a manufacturer of sugar products such as purified sugar for household and industrial consumption and sugar specialties comprising icing sugar, castor sugar, syrups, and caramel. The property segment manages offices, manufacturing, and residential premises. Star Africa derives the majority of its revenue from its Food segment.

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