ITCONS E-Solutions (BOM:543806) Total Current Assets : ₹128.1 Mil (As of Sep. 2023)

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What is ITCONS E-Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ITCONS E-Solutions's total current assets for the quarter that ended in Sep. 2023 was ₹128.1 Mil.

ITCONS E-Solutions Total Current Assets Historical Data

The historical data trend for ITCONS E-Solutions'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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ITCONS E-Solutions Total Current Assets Chart

ITCONS E-Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Current Assets

33.22

32.18

29.33

123.19

ITCONS E-Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial			32.18	29.33	70.70	123.19	128.15

ITCONS E-Solutions 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.

ITCONS E-Solutions's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	52.446	+	70.31	+	0	+	0.435
	=	123.2

ITCONS E-Solutions's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.217	+	83.813	+	0	+	0.11699999999999
	=	128.1

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.

ITCONS E-Solutions (BOM:543806) 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.

ITCONS E-Solutions's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	44.217	-	26.31	+	0.75 * 79.979	+	0.5 * 0
=	77.9

ITCONS E-Solutions Total Current Assets Related Terms

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ITCONS E-Solutions (BOM:543806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301

Website

https://www.itconsinc.com

ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions (BOM:543806) Headlines

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