Nissin Foods Co (HKSE:01475) Total Current Assets : HK$2,423 Mil (As of Jun. 2024)

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What is Nissin Foods Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nissin Foods Co's total current assets for the quarter that ended in Jun. 2024 was HK$2,423 Mil.

Nissin Foods Co Total Current Assets Historical Data

The historical data trend for Nissin Foods 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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Nissin Foods Co Total Current Assets Chart

Nissin Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,995.22

3,296.59

3,108.90

2,496.53

2,504.16

Nissin Foods Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2,485.17	2,504.16	-	2,422.54	-

Nissin Foods 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.

Nissin Foods Co'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
	=	1581.249	+	478.353	+	415.015	+	29.539
	=	2,504

Nissin Foods Co'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
	=	1543.73	+	485.605	+	370.793	+	22.411
	=	2,423

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.

Nissin Foods Co (HKSE:01475) 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.

Nissin Foods Co'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)
=	1543.73	-	903.222	+	0.75 * 379.034	+	0.5 * 370.793
=	1,110

Nissin Foods Co Total Current Assets Related Terms

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Nissin Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (HKSE:01475) » Definitions » Total Current Assets

Traded in Other Exchanges

4NS:Germany

Address

11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.nissingroup.com.hk

Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sells instant noodles, frozen food, retort foods, beverage products, and snacks in Hong Kong and China. It sells its products under the brand names NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC operations. It derives a majority of its revenue from the PRC operations segment.

Executives

China Orient Asset Management (international) Holding Limited	2201 Interest of corporation controlled by you
Nissin Foods Holdings Co., Ltd.	2101 Beneficial owner

Nissin Foods Co Headlines

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