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WiMi Hologram Cloud (WiMi Hologram Cloud) Total Current Assets : $101.81 Mil (As of Jun. 2023)


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What is WiMi Hologram Cloud Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. WiMi Hologram Cloud's total current assets for the quarter that ended in Jun. 2023 was $101.81 Mil.

WiMi Hologram Cloud Total Current Assets Historical Data

The historical data trend for WiMi Hologram Cloud'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.

WiMi Hologram Cloud Total Current Assets Chart

WiMi Hologram Cloud Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Assets
Get a 7-Day Free Trial 30.99 25.31 94.27 142.53 96.11

WiMi Hologram Cloud Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 174.73 142.53 125.76 96.11 101.81

WiMi Hologram Cloud 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.

WiMi Hologram Cloud's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=87.673+3.644+0.345+4.45
=96.11

WiMi Hologram Cloud's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=88.192+6.116+0.209+7.288
=101.81

* 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.

WiMi Hologram Cloud  (NAS:WIMI) 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.

WiMi Hologram Cloud's Liquidation Value for the quarter that ended in Jun. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=88.192-22.298+0.75 * 5.501+0.5 * 0.209
=70.12

* 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.

WiMi Hologram Cloud Total Current Assets Related Terms

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WiMi Hologram Cloud (WiMi Hologram Cloud) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WiMi Hologram Cloud Inc (NAS:WIMI) » Definitions » Total Current Assets
Comparable Companies
STCN MCHX TZUP FLNT DRCT GSMG AAQL MOXC DLPN INUV XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 SAU:4071 ZD
Traded in Other Exchanges
0BF1:Germany
Address
1st West Dawang Road, Room No.2002, Building A, Wentley Center, Chaoyang, Beijing, CHN, 100020
Website
http://ir.wimiar.com
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.