GB Group (LSE:GBG) Total Current Assets : £83.5 Mil (As of Sep. 2023)

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What is GB Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GB Group's total current assets for the quarter that ended in Sep. 2023 was £83.5 Mil.

GB Group Total Current Assets Historical Data

The historical data trend for GB Group'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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GB Group Total Current Assets Chart

GB Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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76.52

95.98

85.65

100.93

90.57

GB Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															96.06	100.93	88.83	90.57	83.54

GB Group 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.

GB Group'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
	=	21.552	+	54.495	+	2.619	+	11.901
	=	90.6

GB Group'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
	=	19.189	+	53.29	+	1.977	+	9.079
	=	83.5

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.

GB Group (LSE:GBG) 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.

GB Group'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)
=	19.189	-	248.386	+	0.75 * 47.134	+	0.5 * 1.977
=	-192.9

GB Group Total Current Assets Related Terms

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GB Group (LSE:GBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GB Group PLC (LSE:GBG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

GBG.GB:UK 0GB:Germany

Address

The Foundation, Herons Way, Chester Business Park, Chester, GBR, CH4 9GB

Website

https://www.gbgplc.com

GB Group PLC provides identity intelligence solutions through its three divisions Location, Identity, and Fraud. It offers electronic ID Verification services, ID Registration, ID Engage, and ID Trace and Investigates software and services. GB Group's technology supports customers in traditional banking, government, utilities, retail, and transport as well as newly emerging industries such as eCommerce, online gaming, cryptocurrency, and mobile payments. The company has a strong geographical presence in the United Kingdom, the United States of America, and Australia and generates revenues from the sale of software and rendering of services.

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