Bairong (FRA:6B5) Total Current Assets : €549.9 Mil (As of Jun. 2024)

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What is Bairong Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bairong's total current assets for the quarter that ended in Jun. 2024 was €549.9 Mil.

Bairong Total Current Assets Historical Data

The historical data trend for Bairong'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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Bairong Total Current Assets Chart

Bairong Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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124.94

135.19

587.83

342.77

396.05

Bairong Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial							404.70	342.77	273.75	396.05	549.87

Bairong 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.

Bairong'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
	=	262.408	+	91.982	+	0	+	41.658
	=	396.0

Bairong's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	377.58	+	104.141	+	0	+	68.151
	=	549.9

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.

Bairong (FRA:6B5) 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.

Bairong's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	377.58	-	124.317	+	0.75 * 73.685	+	0.5 * 0
=	308.5

Bairong Total Current Assets Related Terms

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Bairong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bairong Inc (FRA:6B5) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

06608:Hong Kong

Address

No.10 Furong Street, 1-3/F, Tower A, Chaoyang District, Beijing, CHN

Website

https://www.brgroup.com

Bairong Inc is an independent AI-powered technology platform in China serving the financial services industry. It is driven by science and technology, and continuously explores the scenarios and applications of cutting-edge technologies such as artificial intelligence, cloud computing, and blockchain in the financial field, empowering financial institutions to innovate and transform digitally, and help financial inclusion.

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