Scandinavian Medical Solutions AS (OCSE:SMSMED) Total Current Assets : kr118.7 Mil (As of Mar. 2024)

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What is Scandinavian Medical Solutions AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Scandinavian Medical Solutions AS's total current assets for the quarter that ended in Mar. 2024 was kr118.7 Mil.

Scandinavian Medical Solutions AS Total Current Assets Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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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Scandinavian Medical Solutions AS Total Current Assets Chart

Scandinavian Medical Solutions AS Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

9.32

17.01

44.35

92.67

115.10

Scandinavian Medical Solutions AS Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Current Assets	Get a 7-Day Free Trial				88.24	92.67	86.22	115.10	118.67

Scandinavian Medical Solutions AS 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.

Scandinavian Medical Solutions AS's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.918	+	21.019	+	83.196	+	2.964
	=	115.1

Scandinavian Medical Solutions AS'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
	=	6.136	+	23.579	+	86.639	+	2.315
	=	118.7

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.

Scandinavian Medical Solutions AS (OCSE:SMSMED) 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.

Scandinavian Medical Solutions AS'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)
=	6.136	-	86.909	+	0.75 * 20.63	+	0.5 * 86.639
=	-22.0

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Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scandinavian Medical Solutions AS (OCSE:SMSMED) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

K41:Germany

Address

Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000

Website

https://www.scandinavian-medical.com

Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

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