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Pu'er Lancang Ancient Tea Co (HKSE:06911) Total Current Liabilities : HK$492.1 Mil (As of Jun. 2024)


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What is Pu'er Lancang Ancient Tea Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pu'er Lancang Ancient Tea Co's total current liabilities for the quarter that ended in Jun. 2024 was HK$492.1

Pu'er Lancang Ancient Tea Co Total Current Liabilities Historical Data

The historical data trend for Pu'er Lancang Ancient Tea Co'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.

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Pu'er Lancang Ancient Tea Co Total Current Liabilities Chart

Pu'er Lancang Ancient Tea Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
174.12 210.91 431.65 421.49

Pu'er Lancang Ancient Tea Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities Get a 7-Day Free Trial - 431.65 407.29 421.49 492.13

Pu'er Lancang Ancient Tea Co Total Current Liabilities Calculation

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

Pu'er Lancang Ancient Tea Co'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
=224.451+178.813
+Other Current Liabilities+Current Deferred Liabilities
=18.229+0
=421.5

Pu'er Lancang Ancient Tea Co's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=258.041+220.546
+Other Current Liabilities+Current Deferred Liabilities
=13.544+0
=492.1

* 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

Pu'er Lancang Ancient Tea Co Total Current Liabilities Related Terms

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Pu'er Lancang Ancient Tea Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pu'er Lancang Ancient Tea Co Ltd (HKSE:06911) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:02497 HKSE:01936 HKSE:00875 HKSE:01203 HKSE:01084 HKSE:00682 HKSE:01431 HKSE:02425 HKSE:01432 SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI SFD OSL:SALM SZSE:000876 BKK:CPF CALM
Traded in Other Exchanges
N/A
Address
Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN
Website
http://www.lcgc.cn
Pu'er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing, and sales of tea products, primarily Pu'er tea products, in China. The Company also engaged in the production of tea products, food production and sales.
Executives
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin 2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Wang Chen 2201 Interest of corporation controlled by you
Zhang Liang 2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si 2101 Beneficial owner
Wang Chunyu 2101 Beneficial owner

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