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Contec Medical Systems Co (SZSE:300869) Total Current Assets : ¥2,150.7 Mil (As of Mar. 2024)


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What is Contec Medical Systems Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Contec Medical Systems Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,150.7 Mil.


Contec Medical Systems Co Total Current Assets Historical Data

The historical data trend for Contec Medical Systems 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.

Contec Medical Systems Co Total Current Assets Chart

Contec Medical Systems 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 385.14 1,267.20 1,352.14 2,558.42 2,482.16

Contec Medical Systems 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 2,943.25 2,847.79 2,636.07 2,482.16 2,150.69

Contec Medical Systems 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.

Contec Medical Systems Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Contec Medical Systems Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.


Contec Medical Systems Co  (SZSE:300869) 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.

Contec Medical Systems 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)
=1443.216-1049.249+0.75 * 40.737+0.5 * 449.359
=649.2

* 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.


Contec Medical Systems Co Total Current Assets Related Terms

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Contec Medical Systems Co (SZSE:300869) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Qinhuang West Street, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004
Contec Medical Systems Co Ltd is engaged in research and development, production and sales of medical diagnosis and monitoring equipment. The company's products portfolio includes Blood pressure series; Blood oxygen series; Multi-parameter monitoring series; In Vitro Diagnostic Series; EEG series; Breathing sleep series; ECG series; Digital Image Series; Fetal Monitoring Series; Arteriosclerosis Series; Telemedicine and health management; and Home health products.
Executives
Xu Yun Long Executives
Zheng Min Directors, Directors, and Executives
Yang Zhi Shan Directors, executives
Wang Gui Li Director
Liu Zhen Hong Executives
Kou Guo Zhi Executives
Gao Rui Bin Supervisors
Fu Chun Yuan Executives

Contec Medical Systems Co (SZSE:300869) Headlines

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