GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Choo Bee Metal Industries Bhd (XKLS:5797) » Definitions » Total Current Assets

Choo Bee Metal Industries Bhd (XKLS:5797) Total Current Assets : RM381.0 Mil (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Choo Bee Metal Industries Bhd Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Choo Bee Metal Industries Bhd's total current assets for the quarter that ended in Mar. 2024 was RM381.0 Mil.


Choo Bee Metal Industries Bhd Total Current Assets Historical Data

The historical data trend for Choo Bee Metal Industries Bhd'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.

* Premium members only.

Choo Bee Metal Industries Bhd Total Current Assets Chart

Choo Bee Metal Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.70 387.79 474.44 444.38 368.60

Choo Bee Metal Industries Bhd 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 432.50 393.09 370.01 368.60 381.01

Choo Bee Metal Industries Bhd 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.

Choo Bee Metal Industries Bhd's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Choo Bee Metal Industries Bhd's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.


Choo Bee Metal Industries Bhd  (XKLS:5797) 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.

Choo Bee Metal Industries Bhd'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)
=20.928-42.085+0.75 * 99.007+0.5 * 247.505
=176.9

* 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.


Choo Bee Metal Industries Bhd Total Current Assets Related Terms

Thank you for viewing the detailed overview of Choo Bee Metal Industries Bhd's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Choo Bee Metal Industries Bhd (XKLS:5797) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bendahara, Wisma Soon Teik Aun, Ipoh, PRK, MYS, 31650
Choo Bee Metal Industries Bhd is a Malaysian-based company engaged in the processing of steel coils into steel products, fabrication of steel products, and trading of hardware products. The firm manufactures steel products for oil and gas applications, building and construction industries, trading of hardware products, functioning as beams, channels, mild steel plates, flat bars, angle bars, stainless steel products, and other building materials, as well as provision of steel servicing, such as slitting and shearing of coils. The group is organized into trading and manufacturing segments in which Trading segments derive a majority of its revenue. Geographically, it derives the majority of its revenue from Malaysia.

Choo Bee Metal Industries Bhd (XKLS:5797) Headlines

No Headlines