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Alhasoob Co (SAU:9522) Total Current Liabilities : ﷼67.2 Mil (As of Jun. 2023)


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What is Alhasoob Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Alhasoob Co's total current liabilities for the quarter that ended in Jun. 2023 was ﷼67.2

Alhasoob Co Total Current Liabilities Historical Data

The historical data trend for Alhasoob Co's Total Current Liabilities 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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Alhasoob Co Total Current Liabilities Chart

Alhasoob Co Annual Data
Trend Dec19 Dec20
Total Current Liabilities
56.39 40.31

Alhasoob Co Quarterly Data
Dec19 Dec20 Jun22 Jun23
Total Current Liabilities 56.39 40.31 - 67.16

Alhasoob Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Alhasoob Co's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=40.314+0
=40.3

Alhasoob Co's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=67.156+0
=67.2

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Alhasoob Co Total Current Liabilities Related Terms

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Alhasoob Co (SAU:9522) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alhasoob Co (SAU:9522) » Definitions » Total Current Liabilities
Comparable Companies
SZSE:000709 ICHB XKRX:004020 SHSE:600399 SHSE:600282 BUE:TXAR WBO:VOE SHSE:600808 SIMECB BOM:533758
Traded in Other Exchanges
N/A
Address
Al Nakhelah Building, Second Floor, Olaya Computer Market, Behind Holiday Inn Hotel, Riyadh, SAU
Website
https://www.alhasoob.com
Alhasoob Co is engaged in the wholesale sale of computers and their accessories. Its products include Headphones, Printers, Ink, Laptop, Scanner, Keyboard, Speaker, Mouse and Gaming headset among others.

Alhasoob Co (SAU:9522) Headlines

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