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Wing On Co International (HKSE:00289) Total Current Liabilities : HK$416 Mil (As of Dec. 2023)


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What is Wing On Co International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Wing On Co International's total current liabilities for the quarter that ended in Dec. 2023 was HK$416

Wing On Co International Total Current Liabilities Historical Data

The historical data trend for Wing On Co International's Total Current Liabilities 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.

Wing On Co International Total Current Liabilities Chart

Wing On Co International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 593.38 445.64 443.24 425.48 415.97

Wing On Co International 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 Liabilities 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 443.24 388.23 425.48 581.97 415.97

Wing On Co International Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Wing On Co International's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=335.274+16.534
+Other Current Liabilities+Current Deferred Liabilities
=64.158+0
=416

Wing On Co International's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=335.274+16.534
+Other Current Liabilities+Current Deferred Liabilities
=64.158+0
=416

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Wing On Co International Total Current Liabilities Related Terms

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Wing On Co International (HKSE:00289) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:02136 HKSE:00848 HKSE:00097 HKSE:00980 HKSE:00825 HKSE:03368 HKSE:00244 HKSE:00984 HKSE:00312 HKSE:00162 PHS:SM TSE:8267 LIVEPOL1 JSE:SHP LSE:MKS XSGO:FALABELLA DDS TSE:3099 TSE:9005 XSGO:CENCOSUD
Traded in Other Exchanges
N/A
Address
211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG
Website
https://www.wingon.hk
Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.
Executives
Kee Wai Investment Company (bvi) Limited 2201 Interest of corporation controlled by you
Wing On Corporate Management (bvi) Limited 2201 Interest of corporation controlled by you
Wing On International Holdings Limited 2201 Interest of corporation controlled by you

Wing On Co International (HKSE:00289) Headlines

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