Mehow Innovative (SZSE:301363) Total Current Assets : ¥2,371 Mil (As of Mar. 2024)

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What is Mehow Innovative Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mehow Innovative's total current assets for the quarter that ended in Mar. 2024 was ¥2,371 Mil.

Mehow Innovative Total Current Assets Historical Data

The historical data trend for Mehow Innovative'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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Mehow Innovative Total Current Assets Chart

Mehow Innovative Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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836.55

850.75

1,050.40

2,424.98

2,359.01

Mehow Innovative 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											2,459.42	2,439.97	2,411.68	2,359.01	2,370.56

Mehow Innovative 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.

Mehow Innovative'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
	=	1724.069	+	231.186	+	374.743	+	29.011
	=	2,359

Mehow Innovative'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
	=	1755.034	+	234.759	+	346.8	+	33.971
	=	2,371

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.

Mehow Innovative (SZSE:301363) 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.

Mehow Innovative'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)
=	1755.034	-	338.205	+	0.75 * 222.724	+	0.5 * 346.8
=	1,757

Mehow Innovative Total Current Assets Related Terms

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Mehow Innovative (SZSE:301363) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mehow Innovative Ltd (SZSE:301363) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116

Website

https://www.mehow.com

Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.

Executives

Tan Jing Xia

Secretary Dong

Mehow Innovative (SZSE:301363) Headlines

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