Time Finance (LSE:TIME) Total Current Assets : £95.62 Mil (As of Nov. 2023)

Time Finance Total Current Assets Chart

Time Finance Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Total Current Assets		Get a 7-Day Free Trial					76.28	61.53	63.16	74.02	95.62

Time Finance Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Current Assets	Get a 7-Day Free Trial															68.56	74.02	87.91	95.62	95.62

Time Finance 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.

Time Finance's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Time Finance's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

* 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.

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.

Time Finance  (LSE:TIME) 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.

Time Finance's Liquidation Value for the quarter that ended in Nov. 2023 is

* 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.

Time Finance Total Current Assets Related Terms

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Time Finance (LSE:TIME) Business Description