Tianshui Zhongxing Bio-technology Co (SZSE:002772) Total Current Assets : ¥3,109 Mil (As of Mar. 2024)

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What is Tianshui Zhongxing Bio-technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tianshui Zhongxing Bio-technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,109 Mil.

Tianshui Zhongxing Bio-technology Co Total Current Assets Historical Data

The historical data trend for Tianshui Zhongxing Bio-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.

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Tianshui Zhongxing Bio-technology Co Total Current Assets Chart

Tianshui Zhongxing Bio-technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,820.16

2,215.31

3,078.54

3,036.85

2,659.17

Tianshui Zhongxing Bio-technology 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															3,648.45	3,427.11	3,421.95	2,659.17	3,108.83

Tianshui Zhongxing Bio-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.

Tianshui Zhongxing Bio-technology 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
	=	1323.518	+	28.286	+	1274.6	+	32.77
	=	2,659

Tianshui Zhongxing Bio-technology 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
	=	1785.804	+	28.602	+	1254.776	+	39.644
	=	3,109

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.

Tianshui Zhongxing Bio-technology Co (SZSE:002772) 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.

Tianshui Zhongxing Bio-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)
=	1785.804	-	3018.24	+	0.75 * 25.751	+	0.5 * 1254.776
=	-586

Tianshui Zhongxing Bio-technology Co Total Current Assets Related Terms

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Tianshui Zhongxing Bio-technology Co (SZSE:002772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tianshui Zhongxing Bio-technology Co Ltd (SZSE:002772) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Tianshui National Agricultural Science and Technology Park, Maiji District, Gansu Province, Tianshui, CHN, 741030

Website

http://www.tszxjy.cn

Tianshui Zhongxing Bio-technology Co Ltd is engaged in the research and development, production and sales of edible fungus. The Company edible mushroom products include enoki mushroom, king oyster mushroom, and beech mushroom. The company also uses edible fungi crop waste as raw material to produce green food rich in high protein.

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