Milestone Global (BOM:531338) Total Current Assets : ₹73.8 Mil (As of Mar. 2024)

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What is Milestone Global Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Milestone Global's total current assets for the quarter that ended in Mar. 2024 was ₹73.8 Mil.

Milestone Global Total Current Assets Historical Data

The historical data trend for Milestone Global'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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Milestone Global Total Current Assets Chart

Milestone Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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71.39

77.93

63.52

65.03

73.78

Milestone Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															65.03	-	72.47	-	73.78

Milestone Global 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.

Milestone Global'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
	=	15.975	+	20.689	+	24.976	+	12.137
	=	73.8

Milestone Global'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
	=	15.975	+	20.689	+	24.976	+	12.137
	=	73.8

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.

Milestone Global (BOM:531338) 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.

Milestone Global'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)
=	15.975	-	12.523	+	0.75 * 20.689	+	0.5 * 24.976
=	31.5

Milestone Global Total Current Assets Related Terms

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Milestone Global (BOM:531338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Milestone Global Ltd (BOM:531338) » Definitions » Total Current Assets

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Address

Chintamani Road, No. 54-B, Hoskote Industrial Area (KIADB), Hoskote, Bangalore, KA, IND, 562114

Website

https://www.milestonegloballimited.com

Milestone Global Ltd is engaged in the manufacture and sale of Polished Granite Monuments. Principally, it is involved in creating monuments and memorials. The company operates through the stone segment. Its geographical segments include the United States of America, Europe, Canada, and India. The company provides custom designs, multi-pieces, sculpted monuments, and stand-alone sculptures. In addition, it also offers Standard specials, DVTs and wedges, Vases, and urns and unusual sets. The company's unit is located in India's granite belt which enables to have access to approximately over 30 colours of granite.

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