Shede Spirits Co (SHSE:600702) Total Current Assets : ¥8,673 Mil (As of Mar. 2024)

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What is Shede Spirits Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shede Spirits Co's total current assets for the quarter that ended in Mar. 2024 was ¥8,673 Mil.

Shede Spirits Co Total Current Assets Historical Data

The historical data trend for Shede Spirits 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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Shede Spirits Co Total Current Assets Chart

Shede Spirits Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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4,462.66

4,904.16

6,590.29

7,767.41

8,093.96

Shede Spirits Co 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															8,798.13	8,344.19	7,967.58	8,093.96	8,673.28

Shede Spirits 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.

Shede Spirits 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
	=	3023.464	+	582.372	+	4423.804	+	64.324
	=	8,094

Shede Spirits Co'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
	=	3080.212	+	916.847	+	4553.579	+	122.645
	=	8,673

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.

Shede Spirits Co (SHSE:600702) 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.

Shede Spirits Co'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)
=	3080.212	-	3925.718	+	0.75 * 401.628	+	0.5 * 4553.579
=	1,733

Shede Spirits Co Total Current Assets Related Terms

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Shede Spirits Co (SHSE:600702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Shede Spirits Co Ltd (SHSE:600702) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 999, Tuopai Avenue, Tuopai Town, Shehong County, Sichuan Province, Suining, CHN, 629209

Website

http://www.tuopaishede.cn

Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.

Executives

Pu Ji Zhou	Director
Zhang Shu Ping	Director
Yu Dong	Director
Deng Yong Hong	Director
Liu Li	Director
Li Fu Quan	Director
Li Qiang	Director
Ceng Jia Bin	Director
Guo Jian Ya	Director
Wu Jian	Director
Li Jia Min	senior management
Ma Yong	Supervisors
Li Jia Shun	Director

Shede Spirits Co (SHSE:600702) Headlines

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