Premiere Horizon Alliance (PHS:PHA) Total Current Assets : ₱2,021.9 Mil (As of Mar. 2024)

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What is Premiere Horizon Alliance Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Premiere Horizon Alliance's total current assets for the quarter that ended in Mar. 2024 was ₱2,021.9 Mil.

Premiere Horizon Alliance Total Current Assets Historical Data

The historical data trend for Premiere Horizon Alliance'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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Premiere Horizon Alliance Total Current Assets Chart

Premiere Horizon Alliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,944.36

1,460.01

1,365.51

1,538.43

1,977.26

Premiere Horizon Alliance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,597.49	1,703.29	1,905.94	1,977.26	2,021.91

Premiere Horizon Alliance 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.

Premiere Horizon Alliance's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	136.419	+	793.263	+	740.035	+	307.547
	=	1,977.3

Premiere Horizon Alliance'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
	=	158.25	+	816.928	+	731.442	+	315.288
	=	2,021.9

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.

Premiere Horizon Alliance (PHS:PHA) 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.

Premiere Horizon Alliance'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)
=	158.25	-	2125.571	+	0.75 * 4.119	+	0.5 * 731.442
=	-1,598.5

Premiere Horizon Alliance Total Current Assets Related Terms

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Premiere Horizon Alliance (PHS:PHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Premiere Horizon Alliance Corp (PHS:PHA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, Unit 1705, 17th Floor, East Tower, Philippine Stock Exchange Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.premierehorizon.com

Premiere Horizon Alliance Corp engages in the business activities relating to entertainment, gaming, hotel, and leisure. The company business segments are Mining, Real estate, Service contract, and others. Its Mining segment pertains to the operations of RCDC (Redstone Construction and Development Corporation) which provides hauling and excavation for mining companies. The company generates maximum revenue from the Real estate segment.