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Topsports International Holdings (HKSE:06110) Total Current Liabilities : HK$5,688 Mil (As of Aug. 2023)


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What is Topsports International Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Topsports International Holdings's total current liabilities for the quarter that ended in Aug. 2023 was HK$5,688

Topsports International Holdings Total Current Liabilities Historical Data

The historical data trend for Topsports International Holdings's Total Current Liabilities 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.

Topsports International Holdings Total Current Liabilities Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Current Liabilities
Get a 7-Day Free Trial 13,791.69 9,889.91 6,511.62 5,990.54 6,045.76

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,081.26 5,990.54 6,497.04 6,045.76 5,688.17

Topsports International Holdings Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Topsports International Holdings's Total Current Liabilities for the fiscal year that ended in Feb. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2917.818+3127.938
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=6,046

Topsports International Holdings's Total Current Liabilities for the quarter that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2745.241+2942.933
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=5,688

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Topsports International Holdings Total Current Liabilities Related Terms

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Topsports International Holdings (HKSE:06110) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topsports International Holdings Ltd (HKSE:06110) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01368 HKSE:03709 HKSE:00709 HKSE:01817 HKSE:00330 HKSE:00592 HKSE:03860 HKSE:00128 HKSE:00375 HKSE:00483 XMAD:ITX TJX TSE:9983 LULU ROST LSE:NXT BOM:500251 LSE:JD. BURL GPS
Traded in Other Exchanges
TPSRF:USA 6110:Mexico
Address
No. 928 Liuzhou Road, 22nd Floor, Belle International Building, Xuhui District, Shanghai, CHN
Website
https://www.topsports.com.cn
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings (HKSE:06110) Headlines

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