HSHCY (Haier Smart Home Co) Total Current Assets : $18,108 Mil (As of Sep. 2024)

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What is Haier Smart Home Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Haier Smart Home Co's total current assets for the quarter that ended in Sep. 2024 was $18,108 Mil.

Haier Smart Home Co Total Current Assets Historical Data

The historical data trend for Haier Smart Home 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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Haier Smart Home Co Total Current Assets Chart

Haier Smart Home Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Total Current Assets

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14,335.82

17,472.19

19,454.59

18,715.51

18,573.78

Haier Smart Home Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															18,094.10	18,573.78	19,009.63	18,542.05	18,108.43

Haier Smart Home 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.

Haier Smart Home 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
	=	7764.547	+	4453.661	+	5535.42	+	820.149
	=	18,574

Haier Smart Home Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6809.354	+	4909.87	+	5434.299	+	954.909
	=	18,108

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.

Haier Smart Home Co (OTCPK:HSHCY) 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.

Haier Smart Home Co's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6809.354	-	20346.785	+	0.75 * 3007.068	+	0.5 * 5434.299
=	-8,565

Haier Smart Home Co Total Current Assets Related Terms

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Haier Smart Home Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (OTCPK:HSHCY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HRSHF:USA QIHCF:USA 06690:Hong Kong HAI0:Germany 690E:Germany 690D:Germany 690D:Germany 690D:Germany 600690:China

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.