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Avcon Information Technology Co (SZSE:300074) Total Current Assets : ¥843.9 Mil (As of Mar. 2024)


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What is Avcon Information Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avcon Information Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥843.9 Mil.

Avcon Information Technology Co Total Current Assets Historical Data

The historical data trend for Avcon Information 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.

Avcon Information Technology Co Total Current Assets Chart

Avcon Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 825.38 993.84 1,018.18 874.47 951.22

Avcon Information 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 847.95 850.74 864.51 951.22 843.86

Avcon Information 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.

Avcon Information 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
=325.992+551.599+30.578+43.047
=951.2

Avcon Information 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
=218.983+535.406+30.806+58.665
=843.9

* 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.

Avcon Information Technology Co  (SZSE:300074) 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.

Avcon Information 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)
=218.983-461.274+0.75 * 514.592+0.5 * 30.806
=159.1

* 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.

Avcon Information Technology Co Total Current Assets Related Terms

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Avcon Information Technology Co (SZSE:300074) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avcon Information Technology Co Ltd (SZSE:300074) » Definitions » Total Current Assets
Comparable Companies
SZSE:300710 SZSE:002231 SZSE:002316 SHSE:603042 SHSE:600355 SZSE:300264 SHSE:688175 SZSE:000586 SZSE:002313 SZSE:300211 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433
Website
http://www.avcon.com.cn
Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.
Executives
Li Hui Secretary, Director
Tian Tian Supervisors
Cheng Lin Fang Executives
Fang Yong Xin Director
Guo Feng Directors, executives
Chen Zhuang Independent director
Tang Xiao Yun Secretary Dong
Wu Biao Executives
Huang Qiao Lian Securities Affairs Representative
Xi Feng Wei Directors, executives
Liu Xiao Lu Director
Liu Yan Director
Zhou Xiao Chuan Supervisors
Liu Xiao Dan Director
Li Ji Chun Supervisors

Avcon Information Technology Co (SZSE:300074) Headlines

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