Medicskin Holdings (HKSE:08307) Total Current Assets : HK$24.91 Mil (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Medicskin Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Medicskin Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$24.91 Mil.

Medicskin Holdings Total Current Assets Historical Data

The historical data trend for Medicskin 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.

Medicskin Holdings Total Current Assets Chart

Medicskin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

Get a 7-Day Free Trial

79.06

57.42

45.86

30.09

26.71

Medicskin Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															25.74	-	26.71	-	24.91

Medicskin 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.

Medicskin Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.373	+	1.558	+	4.842	+	13.94
	=	26.71

Medicskin Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.352	+	3.029	+	3.887	+	13.644
	=	24.91

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.

Medicskin Holdings (HKSE:08307) 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.

Medicskin Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.352	-	31.396	+	0.75 * 0.345	+	0.5 * 3.887
=	-24.84

Medicskin Holdings Total Current Assets Related Terms

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

Medicskin Holdings (HKSE:08307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicskin Holdings Ltd (HKSE:08307) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

287-291 Des Voeux Road, Flat A-C, 16th Floor, Champion Building, Central, Hong Kong, HKG

Website

https://www.medicskinholdings.com

Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. It offers services throughout Hong Kong.

Executives

Topline Worldwide Limited	2101 Beneficial owner
Kong Kwok Leung	2201 Interest of corporation controlled by you

Medicskin Holdings (HKSE:08307) Headlines

No Headlines