World Precision Machinery (SGX:B49) Total Current Assets : S$218.3 Mil (As of Mar. 2024)

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What is World Precision Machinery Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. World Precision Machinery's total current assets for the quarter that ended in Mar. 2024 was S$218.3 Mil.

World Precision Machinery Total Current Assets Historical Data

The historical data trend for World Precision Machinery'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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World Precision Machinery Total Current Assets Chart

World Precision Machinery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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119.30

197.51

283.35

244.49

227.77

World Precision Machinery 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															235.20	244.09	231.54	227.77	218.28

World Precision Machinery 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.

World Precision Machinery'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
	=	80.511	+	81.467	+	65.793	+	0
	=	227.8

World Precision Machinery'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
	=	71.819	+	63.569	+	71.523	+	11.372
	=	218.3

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.

World Precision Machinery (SGX:B49) 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.

World Precision Machinery'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)
=	71.819	-	198.93	+	0.75 * 68.978	+	0.5 * 71.523
=	-39.6

World Precision Machinery Total Current Assets Related Terms

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World Precision Machinery (SGX:B49) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » World Precision Machinery Ltd (SGX:B49) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Picheng Town, Jiangsu Province, Danyang, CHN, 212311

Website

https://www.wpmlimited.com

World Precision Machinery Ltd is engaged in the business of manufacturing conventional stamping machines and metal parts. It manufactures both standard and customized stamping machines. It company has established its sales network and service centers in large and medium-sized cities across the People's Republic of China and its products are even exported to Southeast Asia, Europe, South America, and South Africa. It comprises sales of conventional stamping machines, high-performance and high-tonnage stamping machines, and metal parts and it generates maximum revenue from the High performance and high-tonnage stamping machines.

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