58.com (58.com) Total Current Assets : $2,348 Mil (As of Mar. 2020)

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What is 58.com Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. 58.com's total current assets for the quarter that ended in Mar. 2020 was $2,348 Mil.

58.com Total Current Assets Historical Data

The historical data trend for 58.com'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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58.com Total Current Assets Chart

58.com Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

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664.83

587.18

967.83

1,382.68

2,536.58

58.com Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Total Current Assets	Get a 7-Day Free Trial															1,415.91	1,495.32	1,751.61	2,536.58	2,347.93

58.com 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.

58.com's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1964.377	+	354.292	+	0	+	217.913
	=	2,537

58.com's Total Current Assets for the quarter that ended in Mar. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1710.507	+	157.443	+	0	+	479.982
	=	2,348

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.

58.com (NYSE:WUBA) 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.

58.com's Liquidation Value for the quarter that ended in Mar. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1710.507	-	1633.243	+	0.75 * 157.443	+	0.5 * 0
=	195

58.com Total Current Assets Related Terms

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58.com (58.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 58.com Inc (NYSE:WUBA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

10 Jiuxianqiao North Road Jia, Building 105, Chaoyang District, Beijing, CHN, 100015

Website

https://www.58.com

58.com Inc through its subsidiaries is engaged in the operation of an online marketplace. The company serves the local merchants and consumers in the People's Republic of China. Its online marketplace enables local merchants and consumers to connect, share information and conduct business. Its online marketing activities consist of paid marketing through internet navigation sites and various popular search engines in China and display advertisements. The company's offline marketing activities include traditional mainstream media such as television, billboard, direct mailing advertisements, public relations activities, as well as sponsored events to increase its visibility and promote its brand.