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Chong Fai Jewellery Group Holdings Co (HKSE:08537) Total Current Liabilities : HK$38.04 Mil (As of Sep. 2024)


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What is Chong Fai Jewellery Group Holdings 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. Chong Fai Jewellery Group Holdings Co's total current liabilities for the quarter that ended in Sep. 2024 was HK$38.04


Chong Fai Jewellery Group Holdings Co Total Current Liabilities Historical Data

The historical data trend for Chong Fai Jewellery Group Holdings 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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Chong Fai Jewellery Group Holdings Co Total Current Liabilities Chart

Chong Fai Jewellery Group Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial 48.76 54.19 46.59 53.15 43.08

Chong Fai Jewellery Group Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 53.15 - 45.30 43.08 38.04

Chong Fai Jewellery Group Holdings 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.

Chong Fai Jewellery Group Holdings Co's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.351+30.568
+Other Current Liabilities+Current Deferred Liabilities
=9.157+0
=43.08

Chong Fai Jewellery Group Holdings Co's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.033+25.167
+Other Current Liabilities+Current Deferred Liabilities
=8.835+0
=38.04

* 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


Chong Fai Jewellery Group Holdings Co Total Current Liabilities Related Terms

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Chong Fai Jewellery Group Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6-13, 80 Ko Shan Road, Faerie Court, Hung Hom, Kowloon, Hong Kong, HKG
Chong Fai Jewellery Group Holdings Co Ltd is a vertically integrated jeweler based in Hong Kong and is primarily engaged in the retail of its products through its network of seven retail stores under the brand name of Chong Fai Jewellery strategically located in Kowloon and the New Territories. The Group's principal products are jewellery products, including gem-set jewelry, and gold jewelry products. The firm generates the majority of its revenue from the retail operations of a jewelry shop.
Executives
Mythe Group Holdings Company Limited 2101 Beneficial owner
Cheung Lai Yuk 2201 Interest of corporation controlled by you
Fu Chun Keung 2201 Interest of corporation controlled by you
Fu Wan Ling 2201 Interest of corporation controlled by you
Feng Jingxin 2101 Beneficial owner

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