Yingde Greatchem Chemicals Co (SZSE:300804) Total Current Assets : ¥995.4 Mil (As of Mar. 2024)

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What is Yingde Greatchem Chemicals Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Yingde Greatchem Chemicals Co's total current assets for the quarter that ended in Mar. 2024 was ¥995.4 Mil.

Yingde Greatchem Chemicals Co Total Current Assets Historical Data

The historical data trend for Yingde Greatchem Chemicals 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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Yingde Greatchem Chemicals Co Total Current Assets Chart

Yingde Greatchem Chemicals Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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191.13

362.02

318.62

297.78

998.75

Yingde Greatchem Chemicals 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											348.25	1,079.35	1,044.57	998.75	995.37

Yingde Greatchem Chemicals 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.

Yingde Greatchem Chemicals 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
	=	503.051	+	231.589	+	156.466	+	107.64
	=	998.7

Yingde Greatchem Chemicals 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
	=	542.5	+	235.028	+	147.31	+	70.527
	=	995.4

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.

Yingde Greatchem Chemicals Co (SZSE:300804) 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.

Yingde Greatchem Chemicals 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)
=	542.5	-	536.536	+	0.75 * 199.586	+	0.5 * 147.31
=	229.3

Yingde Greatchem Chemicals Co Total Current Assets Related Terms

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Yingde Greatchem Chemicals Co (SZSE:300804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Yingde Greatchem Chemicals Co Ltd (SZSE:300804) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Agrochemical Industry Chain Dedicated Base, Hongfeng Management District, Shakou Town, Guangdong Province, Yingde, CHN, 513052

Website

https://www.greatchem.com.cn

Yingde Greatchem Chemicals Co Ltd is a designated enterprise for the production of agrochemicals in China who is mainly in charge the development, production and sales for the intermediates, technical grades and formulations of agrochemicals.

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