Zig Sheng Industrial Co (TPE:1455) Total Current Assets : NT$5,059 Mil (As of Jun. 2024)

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What is Zig Sheng Industrial Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zig Sheng Industrial Co's total current assets for the quarter that ended in Jun. 2024 was NT$5,059 Mil.

Zig Sheng Industrial Co Total Current Assets Historical Data

The historical data trend for Zig Sheng Industrial 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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Zig Sheng Industrial Co Total Current Assets Chart

Zig Sheng Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,438.19

3,045.07

4,897.72

3,451.87

4,088.42

Zig Sheng Industrial Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															3,698.27	3,666.08	4,088.42	4,498.77	5,058.84

Zig Sheng Industrial 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.

Zig Sheng Industrial 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
	=	866.103	+	1367.096	+	1790.569	+	64.655
	=	4,088

Zig Sheng Industrial Co's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	926.938	+	1895.889	+	2177.923	+	58.085
	=	5,059

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.

Zig Sheng Industrial Co (TPE:1455) 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.

Zig Sheng Industrial Co's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	926.938	-	5035.782	+	0.75 * 1746.302	+	0.5 * 2177.923
=	-1,710

Zig Sheng Industrial Co Total Current Assets Related Terms

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Zig Sheng Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zig Sheng Industrial Co Ltd (TPE:1455) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN

Website

http://www.zigsheng.com

Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in spinning, weaving, dyeing/finishing, printing, processing, and trading of various filament, artificial cotton and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. The nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chip.

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