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Li Ning Co (Li Ning Co) Total Current Assets : $1,912 Mil (As of Dec. 2023)


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What is Li Ning Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Li Ning Co's total current assets for the quarter that ended in Dec. 2023 was $1,912 Mil.

Li Ning Co Total Current Assets Historical Data

The historical data trend for Li Ning 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.

* Premium members only.

Li Ning Co Total Current Assets Chart

Li Ning Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,217.52 1,495.05 2,931.54 1,777.89 1,912.13

Li Ning Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,931.54 2,227.09 1,777.89 1,847.55 1,912.13

Li Ning 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.

Li Ning 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
=1251.725+193.724+349.179+117.501
=1,912

Li Ning Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1251.725+193.724+349.179+117.501
=1,912

* 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.

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.

Li Ning Co  (OTCPK:LNNGY) 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.

Li Ning Co's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1251.725-1372.673+0.75 * 168.837+0.5 * 349.179
=180

* 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.

Li Ning Co Total Current Assets Related Terms

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Li Ning Co (Li Ning Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Ning Co Ltd (OTCPK:LNNGY) » Definitions » Total Current Assets
Comparable Companies
HKSE:09992 HKSE:00308 HKSE:02255 HKSE:01126 HKSE:06858 HKSE:00419 HKSE:00635 HKSE:01086 HKSE:00869 HKSE:01005 TSE:4661 HKSE:02020 LSE:CCL TSE:7309 TSE:7832 HAS AS MAT PLNT LSE:GAW
Traded in Other Exchanges
LNNGF:USA 02331:Hong Kong LNLB:Germany
Address
No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111
Website
https://www.lining.com
Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

Li Ning Co (Li Ning Co) Headlines

From GuruFocus

Matthews China Fund Comments on Li Ning Co Ltd

By Vera Yuan Vera Yuan • 10-20-2014