GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Li & Fung Ltd (OTCPK:LFUGF) » Definitions » Total Current Assets

Li & Fung (Li & Fung) Total Current Assets : $2,860 Mil (As of Dec. 2019)


View and export this data going back to . Start your Free Trial

What is Li & Fung Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Li & Fung's total current assets for the quarter that ended in Dec. 2019 was $2,860 Mil.

Li & Fung Total Current Assets Historical Data

The historical data trend for Li & Fung'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.

* Premium members only.

Li & Fung Total Current Assets Chart

Li & Fung Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,356.88 3,526.32 3,909.07 2,748.79 2,859.84

Li & Fung Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,909.07 2,375.66 2,748.79 2,537.29 2,859.84

Li & Fung 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.

Li & Fung's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=932.167+1557.122+156.644+213.91
=2,860

Li & Fung's Total Current Assets for the quarter that ended in Dec. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=932.167+1557.122+156.644+213.91
=2,860

* 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.

Li & Fung  (OTCPK:LFUGF) 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.

Li & Fung's Liquidation Value for the quarter that ended in Dec. 2019 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=932.167-3687.078+0.75 * 1557.122+0.5 * 156.644
=-1,509

* 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.

Li & Fung Total Current Assets Related Terms

Thank you for viewing the detailed overview of Li & Fung's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Li & Fung (Li & Fung) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Li & Fung Ltd (OTCPK:LFUGF) » Definitions » Total Current Assets
Comparable Companies
HKSE:01360 HKSE:00982 HKSE:00752 HKSE:00450 HKSE:01463 HKSE:01328 HKSE:01260 HKSE:01127 HKSE:01172 HKSE:01586 GPN CTAS CPRT LSE:RTO ASX:BXB XPAR:SW TSE:7912 LSE:HSV IAA TSX:RBA
Traded in Other Exchanges
N/A
Address
31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10
Website
https://www.lifung.com
Li & Fung Ltd is a supply-chain manager that serves retailers globally with sourcing and logistics services. The company's operating segment includes Services and Products. It generates maximum revenue from the Services segment. The Services segment consists of Supply Chain Solutions and Logistics businesses. Its Products segment consists of the Onshore Wholesale business and the three Product Verticals (furniture, beauty, and sweaters) representing its principal-to-principal business. Geographically, it derives a majority of revenue from the United States of America.

Li & Fung (Li & Fung) Headlines

From GuruFocus

Ron Baron on Li & Fung, Limited. (Market Cap $8.5 billion)

By gurufocus • 12-14-2006

GuruFocus Names Two Dividend Growers

By Monica Wolfe Monica Wolfe • 06-10-2014