Ready Made Clothes (IQS:IRMC) Total Current Assets : ع.د0.00 Mil (As of . 20)

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What is Ready Made Clothes Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ready Made Clothes's total current assets for the quarter that ended in . 20 was ع.د0.00 Mil.

Ready Made Clothes Total Current Assets Historical Data

The historical data trend for Ready Made Clothes'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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Ready Made Clothes Total Current Assets Chart

Ready Made Clothes Annual Data

Trend

Total Current Assets

Ready Made Clothes Quarterly Data

Total Current Assets

Ready Made Clothes 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.

Ready Made Clothes's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

Ready Made Clothes's Total Current Assets for the quarter that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

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.

Ready Made Clothes (IQS:IRMC) 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.

Ready Made Clothes's Liquidation Value for the quarter that ended in . 20 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=		-		+	0.75 *	+	0.5 *
=	0.00

Ready Made Clothes Total Current Assets Related Terms

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Ready Made Clothes (IQS:IRMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ready Made Clothes (IQS:IRMC) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Near MIB, Al-Mahmoudia, Baghdad, IRQ

Website

Ready Made Clothes manufactures cloth and accessories. The company markets its products throughout Iraq.

Ready Made Clothes (IQS:IRMC) Headlines

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