China Daye Non-Ferrous Metals Mining (HKSE:00661) Total Current Assets : HK$16,534 Mil (As of Dec. 2023)

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What is China Daye Non-Ferrous Metals Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Daye Non-Ferrous Metals Mining's total current assets for the quarter that ended in Dec. 2023 was HK$16,534 Mil.

China Daye Non-Ferrous Metals Mining Total Current Assets Historical Data

The historical data trend for China Daye Non-Ferrous Metals Mining'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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China Daye Non-Ferrous Metals Mining Total Current Assets Chart

China Daye Non-Ferrous Metals Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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9,263.12

7,607.04

9,406.08

13,670.90

16,533.54

China Daye Non-Ferrous Metals Mining 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															9,406.08	10,213.33	13,670.90	14,726.16	16,533.54

China Daye Non-Ferrous Metals Mining 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.

China Daye Non-Ferrous Metals Mining'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
	=	1084.901	+	406.08	+	13755.898	+	1286.663
	=	16,534

China Daye Non-Ferrous Metals Mining'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
	=	1084.901	+	406.08	+	13755.898	+	1286.663
	=	16,534

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.

China Daye Non-Ferrous Metals Mining (HKSE:00661) 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.

China Daye Non-Ferrous Metals Mining'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)
=	1084.901	-	23446.285	+	0.75 * 367.013	+	0.5 * 13755.898
=	-15,208

China Daye Non-Ferrous Metals Mining Total Current Assets Related Terms

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China Daye Non-Ferrous Metals Mining (HKSE:00661) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Daye Non-Ferrous Metals Mining Ltd (HKSE:00661) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

1008 Tai Nan West Street, China United Plaza, Room 1, 11th Floor, Kowloon, Hong Kong, HKG

Website

http://www.hk661.com

China Daye Non-Ferrous Metals Mining Ltd is engaged in the mining and processing of mineral ores and trading of metal products in the PRC. The company's mining product portfolio consists of Copper cathodes, Other copper products, Gold and other gold products, Silver and other silver products, Iron ores, Sulphuric acid and sulphuric concentrate, and others, of which key revenue is generated from the sale of copper cathodes. The group has a business presence in the PRC, Hong Kong and The Republic of Mongolia. It derives a majority of the revenue from the PRC.

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