Speed Tech (ROCO:5457) Total Current Assets : NT$14,635 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Speed Tech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Speed Tech's total current assets for the quarter that ended in Mar. 2024 was NT$14,635 Mil.

Speed Tech Total Current Assets Historical Data

The historical data trend for Speed Tech'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.

Speed Tech Total Current Assets Chart

Speed Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

6,617.52

9,523.54

12,227.95

14,896.48

15,241.18

Speed Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															13,541.12	12,987.92	13,551.57	15,241.18	14,634.90

Speed Tech 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.

Speed Tech'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
	=	3970.309	+	8511.658	+	2537.459	+	221.753
	=	15,241

Speed Tech's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5378.015	+	6286.107	+	2738.23	+	232.546
	=	14,635

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.

Speed Tech (ROCO:5457) 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.

Speed Tech's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5378.015	-	13814.221	+	0.75 * 5655.004	+	0.5 * 2738.23
=	-2,826

Speed Tech Total Current Assets Related Terms

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

Speed Tech (ROCO:5457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Speed Tech Corp (ROCO:5457) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.568, Sec.1, Ming-Sheng North Road, Guishan District, Taoyuan City, TWN

Website

https://www.speedtech.com.tw

Speed Tech Corp is a company that manufactures electronic connectors for various computers, related control buttons, key components, mechanical design, processing, manufacturing, and sale of various precision molds, jigs, plastic molding products, and electronic, and communication products. The company earns maximum revenue from the connectors department. The company operates in China, Hong Kong, Taiwan, and others.

Speed Tech (ROCO:5457) Headlines

No Headlines