XRF Scientific (ASX:XRF) Total Current Assets : A$34.77 Mil (As of Dec. 2023)

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What is XRF Scientific Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. XRF Scientific's total current assets for the quarter that ended in Dec. 2023 was A$34.77 Mil.

XRF Scientific Total Current Assets Historical Data

The historical data trend for XRF Scientific'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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XRF Scientific Total Current Assets Chart

XRF Scientific Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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16.42

19.11

22.65

28.91

36.53

XRF Scientific Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															23.25	28.91	31.72	36.53	34.77

XRF Scientific 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.

XRF Scientific's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	10.401	+	8.629	+	16.879	+	0.62199999999999
	=	36.53

XRF Scientific'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
	=	8.322	+	8.112	+	17.668	+	0.665
	=	34.77

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.

XRF Scientific (ASX:XRF) 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.

XRF Scientific'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)
=	8.322	-	13.519	+	0.75 * 8.112	+	0.5 * 17.668
=	9.72

XRF Scientific Total Current Assets Related Terms

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XRF Scientific (ASX:XRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » XRF Scientific Ltd (ASX:XRF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

86 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.xrfscientific.com

XRF Scientific Ltd is engaged in the business of manufacturing and marketing precious metal products, specialized chemicals and instruments for the scientific, analytical and mining industries. It operates through the following segments: Capital Equipment, Precious Metals, and Consumables. The company generates maximum revenue from the Consumables segment, which manufactures chemicals and other supplies for analytical laboratories. Geographically, it derives a majority of revenue from Australia and also has a presence in Canada and Europe. Some of its product includes Electric Fusion Machines; Fusion Flux; Crushing and Pulverising, platinum lab ware and others.

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