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Tao Heung Holdings (HKSE:00573) Total Current Assets : HK$650 Mil (As of Dec. 2023)


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What is Tao Heung Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tao Heung Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$650 Mil.

Tao Heung Holdings Total Current Assets Historical Data

The historical data trend for Tao Heung Holdings'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.

* Premium members only.

Tao Heung Holdings Total Current Assets Chart

Tao Heung Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 999.24 951.72 838.40 582.79 649.89

Tao Heung Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 838.40 750.35 582.79 586.56 649.89

Tao Heung Holdings 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.

Tao Heung Holdings'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
=345.146+55.98+132.955+115.806
=650

Tao Heung Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=345.146+55.98+132.955+115.806
=650

* 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.

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.

Tao Heung Holdings  (HKSE:00573) 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.

Tao Heung Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=345.146-934.564+0.75 * 55.98+0.5 * 132.955
=-481

* 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.

Tao Heung Holdings Total Current Assets Related Terms

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Tao Heung Holdings (HKSE:00573) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (HKSE:00573) » Definitions » Total Current Assets
Comparable Companies
HKSE:01978 HKSE:00156 HKSE:06811 HKSE:08371 HKSE:01181 HKSE:00226 HKSE:00052 HKSE:08300 HKSE:00126 HKSE:08213 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC
Traded in Other Exchanges
BVI:Germany
Address
Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Website
https://www.taoheung.com.hk
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.
Executives
Chung Wai Ping 2101 Beneficial owner
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Tao Heung Holdings (HKSE:00573) Headlines

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