Avic Heavy Machinery Co (SHSE:600765) Total Current Assets : ¥18,273 Mil (As of Mar. 2024)

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What is Avic Heavy Machinery Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avic Heavy Machinery Co's total current assets for the quarter that ended in Mar. 2024 was ¥18,273 Mil.

Avic Heavy Machinery Co Total Current Assets Historical Data

The historical data trend for Avic Heavy Machinery 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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Avic Heavy Machinery Co Total Current Assets Chart

Avic Heavy Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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10,104.00

11,515.57

15,383.82

16,057.16

17,835.16

Avic Heavy Machinery 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															17,023.68	17,610.66	17,650.64	17,835.16	18,272.89

Avic Heavy Machinery 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.

Avic Heavy Machinery 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
	=	5191.717	+	8788.932	+	3721.047	+	133.464
	=	17,835

Avic Heavy Machinery 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
	=	4799.111	+	9756.433	+	3577.15	+	140.2
	=	18,273

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.

Avic Heavy Machinery Co (SHSE:600765) 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.

Avic Heavy Machinery 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)
=	4799.111	-	13098.844	+	0.75 * 6935.372	+	0.5 * 3577.15
=	-1,310

Avic Heavy Machinery Co Total Current Assets Related Terms

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Avic Heavy Machinery Co (SHSE:600765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avic Heavy Machinery Co Ltd (SHSE:600765) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018

Website

http://www.hm.avic.com

Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.

Executives

Li Yang	senior management
Hu Ling Hong	Directors, senior managers
Ji Sheng Li	senior management
Zhang Zheng Yuan	senior management
Mao Yuan	Supervisors
Ran Xing	Director
Wang Zhi Hong	senior management
Qiao Kun	senior management
Liu Zhong Wen	senior management
Sun Ji Bing	senior management
Li Xue Qin	Director
Jiang Chao	Director
Ji Su Chun	senior management
Huang Yun	Director
Hu Hai Yin	senior management

Avic Heavy Machinery Co (SHSE:600765) Headlines

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