Funshine Culture Group Co (SZSE:300860) Total Current Assets : ¥3,386.0 Mil (As of Mar. 2024)

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What is Funshine Culture Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Funshine Culture Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,386.0 Mil.

Funshine Culture Group Co Total Current Assets Historical Data

The historical data trend for Funshine Culture Group 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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Funshine Culture Group Co Total Current Assets Chart

Funshine Culture Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,173.65

3,463.90

3,675.94

3,521.36

3,371.55

Funshine Culture Group 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															3,529.81	3,528.14	3,536.48	3,371.55	3,385.99

Funshine Culture Group 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.

Funshine Culture Group 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
	=	2944.967	+	306.662	+	71.449	+	48.468
	=	3,371.5

Funshine Culture Group 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
	=	2948.271	+	268.339	+	87.741	+	81.642
	=	3,386.0

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.

Funshine Culture Group Co (SZSE:300860) 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.

Funshine Culture Group 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)
=	2948.271	-	419.331	+	0.75 * 253.214	+	0.5 * 87.741
=	2,762.7

Funshine Culture Group Co Total Current Assets Related Terms

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Funshine Culture Group Co (SZSE:300860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Funshine Culture Group Co Ltd (SZSE:300860) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Qinglong Hutong, Room 1606, 16th Floor, Dongcheng District, Beijing, CHN, 100007

Website

http://www.fssjart.com

Funshine Culture Group Co Ltd is engaged in different types of business in various art events and cultural activities both domestically and internationally, including planning, art creation and design, stage arts design, urban landscape construction and the lighting and audio project designing theatre and art venues. The company operates in four segments namely events and stage lighting; landscape lighting and interpretation; multimedia creative production; live performance and cultural tourism synthesis services.

Funshine Culture Group Co (SZSE:300860) Headlines

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