Apex Ace Holding (HKSE:06036) Total Current Assets : HK$1,178 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Apex Ace Holding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Apex Ace Holding's total current assets for the quarter that ended in Dec. 2023 was HK$1,178 Mil.

Apex Ace Holding Total Current Assets Historical Data

The historical data trend for Apex Ace Holding'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.

Apex Ace Holding Total Current Assets Chart

Apex Ace Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

799.25

882.40

948.92

825.30

1,177.56

Apex Ace Holding Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial												948.92	1,040.88	825.30	842.47	1,177.56

Apex Ace Holding 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.

Apex Ace Holding'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
	=	86.165	+	764.83	+	227.665	+	98.904
	=	1,178

Apex Ace Holding'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
	=	86.165	+	764.83	+	227.665	+	98.904
	=	1,178

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.

Apex Ace Holding (HKSE:06036) 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.

Apex Ace Holding'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)
=	86.165	-	1026.207	+	0.75 * 818.065	+	0.5 * 227.665
=	-213

Apex Ace Holding Total Current Assets Related Terms

Thank you for viewing the detailed overview of Apex Ace Holding's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Apex Ace Holding (HKSE:06036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apex Ace Holding Ltd (HKSE:06036) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN

Website

https://www.apexace.com

Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the PRC and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.

Apex Ace Holding (HKSE:06036) Headlines

No Headlines