Bescient Technologies Co (SHSE:688671) Total Current Assets : ¥1,325.7 Mil (As of Mar. 2024)

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What is Bescient Technologies Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bescient Technologies Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,325.7 Mil.

Bescient Technologies Co Total Current Assets Historical Data

The historical data trend for Bescient Technologies 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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Bescient Technologies Co Total Current Assets Chart

Bescient Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

477.94

737.29

694.77

701.68

1,395.17

Bescient Technologies Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial							691.09	706.44	1,318.47	1,395.17	1,325.70

Bescient Technologies 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.

Bescient Technologies 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
	=	689.916	+	290.7	+	186.481	+	228.07
	=	1,395.2

Bescient Technologies 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
	=	588.102	+	305.025	+	203.529	+	229.044
	=	1,325.7

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.

Bescient Technologies Co (SHSE:688671) 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.

Bescient Technologies 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)
=	588.102	-	240.237	+	0.75 * 265.151	+	0.5 * 203.529
=	648.5

Bescient Technologies Co Total Current Assets Related Terms

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Bescient Technologies Co (SHSE:688671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bescient Technologies Co Ltd (SHSE:688671) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101

Website

http://www.bx-tec.com

Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.

Executives

He Yuan Ping

Director

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