Veken Technology Co (SHSE:600152) Total Current Assets

: ¥2,362 Mil (As of Sep. 2022)

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Total current assets includes Cash And Cash Equivalents, Accounts Receivable, Total Inventories, and Other Current Assets. Veken Technology Co's total current assets for the quarter that ended in Sep. 2022 was ¥2,362 Mil.

Veken Technology Co Total Current Assets Historical Data

The historical data trend for Veken Technology 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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Veken Technology Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

1,774.45

1,406.19

1,626.14

1,830.90

2,372.28

Veken Technology Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Current Assets																2,547.23	2,372.28	2,640.94	2,595.63	2,362.09

Veken Technology 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.

Veken Technology Co's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash And Cash Equivalents	+	Accounts Receivable	+	Total Inventories	+	Other Current Assets
	=	845.056	+	541.589	+	584.268	+	401.369
	=	2,372

Veken Technology Co's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets	=	Cash And Cash Equivalents	+	Accounts Receivable	+	Total Inventories	+	Other Current Assets
	=	812.089	+	609.088	+	570.643	+	370.274
	=	2,362

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.

Veken Technology Co (SHSE:600152) 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.

Veken Technology Co's Liquidation Value for the quarter that ended in Sep. 2022 is

	Liquidation value
=	Cash And Cash Equivalents	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	812.089	-	1995.376	+	0.75 * 609.088	+	0.5 * 570.643
=	-441

Veken Technology Co Total Current Assets Related Terms

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Veken Technology Co (SHSE:600152) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Veken Technology Co Ltd (SHSE:600152) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010

Website

http://www.veken-tech.com

Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.

Veken Technology Co (SHSE:600152) Headlines

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