Airtac International Group (TPE:1590) Total Current Assets : NT$26,450 Mil (As of Mar. 2024)

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What is Airtac International Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Airtac International Group's total current assets for the quarter that ended in Mar. 2024 was NT$26,450 Mil.

Airtac International Group Total Current Assets Historical Data

The historical data trend for Airtac International Group'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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Airtac International Group Total Current Assets Chart

Airtac International Group Annual Data

Trend

Dec14

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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16,741.95

16,648.91

19,314.20

23,254.12

26,813.50

Airtac International Group 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															23,425.45	25,141.04	27,271.91	26,813.50	26,450.43

Airtac International Group 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.

Airtac International Group'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
	=	10064.214	+	9919.635	+	6528.334	+	301.321
	=	26,814

Airtac International Group'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
	=	8586.876	+	10871.572	+	6689.059	+	302.918
	=	26,450

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.

Airtac International Group (TPE:1590) 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.

Airtac International Group'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)
=	8586.876	-	16647.274	+	0.75 * 6953.035	+	0.5 * 6689.059
=	499

Airtac International Group Total Current Assets Related Terms

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Airtac International Group (TPE:1590) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airtac International Group (TPE:1590) » Definitions » Total Current Assets

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Address

No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148

Website

https://global.airtac.com

Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

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