Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Total Current Assets : ¥4,158 Mil (As of Mar. 2024)

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What is Zhejiang Guyuelongshan Shaoxing Wine Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhejiang Guyuelongshan Shaoxing Wine Co's total current assets for the quarter that ended in Mar. 2024 was ¥4,158 Mil.

Zhejiang Guyuelongshan Shaoxing Wine Co Total Current Assets Historical Data

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine Co'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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Zhejiang Guyuelongshan Shaoxing Wine Co Total Current Assets Chart

Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data

Trend

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Dec23

Total Current Assets

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3,454.73

3,504.13

4,348.81

4,239.83

4,424.09

Zhejiang Guyuelongshan Shaoxing Wine Co 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															4,309.99	4,126.17	4,177.01	4,424.09	4,157.90

Zhejiang Guyuelongshan Shaoxing Wine Co 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.

Zhejiang Guyuelongshan Shaoxing Wine Co'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
	=	2232.977	+	179.985	+	2003.35	+	7.7820000000002
	=	4,424

Zhejiang Guyuelongshan Shaoxing Wine Co'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
	=	2042.819	+	226.061	+	1885.83	+	3.1930000000002
	=	4,158

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.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) 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.

Zhejiang Guyuelongshan Shaoxing Wine Co'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)
=	2042.819	-	715.431	+	0.75 * 203.987	+	0.5 * 1885.83
=	2,423

Zhejiang Guyuelongshan Shaoxing Wine Co Total Current Assets Related Terms

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Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (SHSE:600059) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000

Website

http://www.shaoxingwine.com.cn

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.

Executives

Yang Wen Long	Supervisors
Hu Zhi Ming	senior management
Liu Jian	senior management
Wan Long	senior management
Liu Hong Lin	Supervisors
Wang Ling Ling	Director
Xu Dong Liang	Director
Meng Zhong Fa	Supervisors
Fu Bao Wei	Director
Dong Yong Jiu	Director
Sun Yong Gen	Supervisors
He Feng	Director

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Headlines

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