Value Convergence Holdings (Value Convergence Holdings) Total Current Assets : $66.12 Mil (As of Dec. 2023)

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What is Value Convergence Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Value Convergence Holdings's total current assets for the quarter that ended in Dec. 2023 was $66.12 Mil.

Value Convergence Holdings Total Current Assets Historical Data

The historical data trend for Value Convergence Holdings'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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Value Convergence Holdings Total Current Assets Chart

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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97.23

112.61

121.55

96.33

66.12

Value Convergence Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															121.55	109.87	96.33	85.67	66.12

Value Convergence Holdings 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.

Value Convergence Holdings'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
	=	22.133	+	40.952	+	0.171	+	2.868
	=	66.12

Value Convergence Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.133	+	40.952	+	0.171	+	2.868
	=	66.12

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.

Value Convergence Holdings (OTCPK:VCHLF) 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.

Value Convergence Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.133	-	7.154	+	0.75 * 40.06	+	0.5 * 0.171
=	45.11

Value Convergence Holdings Total Current Assets Related Terms

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Value Convergence Holdings (Value Convergence Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

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