GBCMY (Global Bio-chem Technology Group Co) Total Current Assets : $270.1 Mil (As of Dec. 2024)

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What is Global Bio-chem Technology Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Global Bio-chem Technology Group Co's total current assets for the quarter that ended in Dec. 2024 was $270.1 Mil.

Global Bio-chem Technology Group Co Total Current Assets Historical Data

The historical data trend for Global Bio-chem Technology Group 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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Global Bio-chem Technology Group Co Total Current Assets Chart

Global Bio-chem Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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160.22

75.93

88.31

124.14

270.12

Global Bio-chem Technology Group Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial															88.31	103.11	124.14	106.14	270.12

Global Bio-chem Technology Group 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.

Global Bio-chem Technology Group Co's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	10.995	+	222.8	+	26.437	+	9.889
	=	270.1

Global Bio-chem Technology Group Co's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	10.995	+	222.8	+	26.437	+	9.889
	=	270.1

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.

Global Bio-chem Technology Group Co (OTCPK:GBCMY) 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.

Global Bio-chem Technology Group Co's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.995	-	835.744	+	0.75 * 20.513	+	0.5 * 26.437
=	-796.1

Global Bio-chem Technology Group Co Total Current Assets Related Terms

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Global Bio-chem Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Bio-chem Technology Group Co Ltd (OTCPK:GBCMY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

00809:Hong Kong GLY:Germany

Address

18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.globalbiochem.com

Global Bio-chem Technology Group Co Ltd manufactures and sells corn-refined products and corn-based biochemical products. Its segments are; Upstream products, Amino acids, and Polyol chemicals. The company generates a majority of its revenue from the Upstream products segment which engages in the manufacture and sale of corn starch, gluten meal, corn oil, and other corn refined products. Geographically, the firm generates a majority of its revenue from the People's Republic of China followed by the Americas, Asia, and other regions.

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