Sino Grandness Food Industry Group (SGX:T4B) Total Current Assets : S$383.3 Mil (As of Dec. 2020)

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What is Sino Grandness Food Industry Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sino Grandness Food Industry Group's total current assets for the quarter that ended in Dec. 2020 was S$383.3 Mil.

Sino Grandness Food Industry Group Total Current Assets Historical Data

The historical data trend for Sino Grandness Food Industry Group'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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Sino Grandness Food Industry Group Total Current Assets Chart

Sino Grandness Food Industry Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

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505.75

511.92

567.84

383.32

314.86

Sino Grandness Food Industry Group Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Dec20	Dec21
Total Current Assets	Get a 7-Day Free Trial															549.90	582.54	567.84	383.32	314.86

Sino Grandness Food Industry Group 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.

Sino Grandness Food Industry Group's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	61.732	+	176.989	+	4.872	+	71.262
	=	314.9

Sino Grandness Food Industry Group's Total Current Assets for the quarter that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	62.829	+	212.712	+	1.158	+	106.617
	=	383.3

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.

Sino Grandness Food Industry Group (SGX:T4B) 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.

Sino Grandness Food Industry Group's Liquidation Value for the quarter that ended in Dec. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	62.829	-	326.425	+	0.75 * 212.011	+	0.5 * 1.158
=	-104.0

Sino Grandness Food Industry Group Total Current Assets Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sino Grandness Food Industry Group Ltd (SGX:T4B) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN

Website

http://www.grandnessgroups.com

Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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