Bright Scholar Education Holdings (Bright Scholar Education Holdings) Total Current Assets : $117.8 Mil (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Bright Scholar Education Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bright Scholar Education Holdings's total current assets for the quarter that ended in Feb. 2024 was $117.8 Mil.

Bright Scholar Education Holdings Total Current Assets Historical Data

The historical data trend for Bright Scholar Education Holdings'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.

* Premium members only.

Bright Scholar Education Holdings Total Current Assets Chart

Bright Scholar Education Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

Get a 7-Day Free Trial

529.79

1,027.40

569.43

176.71

127.94

Bright Scholar Education Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															170.29	164.46	127.94	126.93	117.77

Bright Scholar Education Holdings 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.

Bright Scholar Education Holdings's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	74.128	+	32.896	+	0.756	+	20.162
	=	127.9

Bright Scholar Education Holdings's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	70.138	+	43.848	+	0.735	+	3.053
	=	117.8

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.

Bright Scholar Education Holdings (NYSE:BEDU) 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.

Bright Scholar Education Holdings's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	70.138	-	389.986	+	0.75 * 3.896	+	0.5 * 0.735
=	-316.6

Bright Scholar Education Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of Bright Scholar Education Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Bright Scholar Education Holdings (Bright Scholar Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

BSK0:Germany

Address

No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.