SUIC (SUIC Worldwide Holdings) Total Current Assets : $0.25 Mil (As of Jun. 2024)

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What is SUIC Worldwide Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SUIC Worldwide Holdings's total current assets for the quarter that ended in Jun. 2024 was $0.25 Mil.

SUIC Worldwide Holdings Total Current Assets Historical Data

The historical data trend for SUIC Worldwide Holdings'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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SUIC Worldwide Holdings Total Current Assets Chart

SUIC Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.12

0.21

0.40

0.41

0.22

SUIC Worldwide Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															0.38	0.30	0.22	0.25	0.25

SUIC Worldwide Holdings 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.

SUIC Worldwide Holdings'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
	=	0.038	+	0.187	+	0	+	-0.001
	=	0.22

SUIC Worldwide Holdings's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.048	+	0.197	+	0	+	0.001
	=	0.25

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.

SUIC Worldwide Holdings (OTCPK:SUIC) 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.

SUIC Worldwide Holdings's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.048	-	0.429	+	0.75 * 0.197	+	0.5 * 0
=	-0.23

SUIC Worldwide Holdings Total Current Assets Related Terms

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SUIC Worldwide Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SUIC Worldwide Holdings Ltd (OTCPK:SUIC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354

Website

https://www.sinounitedco.com

SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. The company works in several new business ventures with a focus on the following fields; Fintech, Food Industry Supply Chain Integration, Global Chain & Franchise Expansion, and Other Supply Chain Integration.

Executives

Jianye Wang	10 percent owner	47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang	director, 10 percent owner, officer: VP, Global Energy Services	136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354