GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CICT Mobile Communication Technology Co Ltd (SHSE:688387) » Definitions » Total Current Assets

CICT Mobile Communication Technology Co (SHSE:688387) Total Current Assets : ¥12,609 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is CICT Mobile Communication Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CICT Mobile Communication Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥12,609 Mil.


CICT Mobile Communication Technology Co Total Current Assets Historical Data

The historical data trend for CICT Mobile Communication Technology 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.

* Premium members only.

CICT Mobile Communication Technology Co Total Current Assets Chart

CICT Mobile Communication Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 6,670.16 9,190.59 9,708.90 14,163.72 13,389.47

CICT Mobile Communication Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,023.05 13,837.44 13,499.83 13,389.47 12,609.11

CICT Mobile Communication Technology 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.

CICT Mobile Communication Technology Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

CICT Mobile Communication Technology Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.


CICT Mobile Communication Technology Co  (SHSE:688387) 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.

CICT Mobile Communication Technology 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)
=4370.117-7163.088+0.75 * 5472.3+0.5 * 2108.131
=2,365

* 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.


CICT Mobile Communication Technology Co Total Current Assets Related Terms

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


CICT Mobile Communication Technology Co (SHSE:688387) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Post University Road, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430074
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and service of mobile communication technology.
Executives
Li Bing Cheng Director

CICT Mobile Communication Technology Co (SHSE:688387) Headlines

No Headlines