Chongqing Millison Technologies (SZSE:301307) Total Current Assets : ¥2,232 Mil (As of Mar. 2024)

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What is Chongqing Millison Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Chongqing Millison Technologies's total current assets for the quarter that ended in Mar. 2024 was ¥2,232 Mil.

Chongqing Millison Technologies Total Current Assets Historical Data

The historical data trend for Chongqing Millison Technologies'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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Chongqing Millison Technologies Total Current Assets Chart

Chongqing Millison Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,003.30

1,374.66

1,547.97

2,249.15

2,290.53

Chongqing Millison Technologies Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial										2,142.88	2,972.83	2,354.65	2,290.53	2,232.38

Chongqing Millison Technologies 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.

Chongqing Millison Technologies'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
	=	725.607	+	951.588	+	592.239	+	21.091
	=	2,291

Chongqing Millison Technologies'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
	=	629.798	+	933.238	+	651.204	+	18.138
	=	2,232

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.

Chongqing Millison Technologies (SZSE:301307) 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.

Chongqing Millison Technologies'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)
=	629.798	-	2574.484	+	0.75 * 827.91	+	0.5 * 651.204
=	-998

Chongqing Millison Technologies Total Current Assets Related Terms

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Chongqing Millison Technologies (SZSE:301307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Millison Technologies Inc (SZSE:301307) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 and No. 2, No. 1, Tian'an Road, Banan District, Chongqing, CHN, 401320

Website

http://www.millison.com.cn

Chongqing Millison Technologies Inc is engaged in the research and development, production and sales of aluminum alloy precision die-casting parts in the communication field and the automotive field.

Executives

Feng Cheng Long

Supervisors

Chongqing Millison Technologies (SZSE:301307) Headlines

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