Ningbo Peacebird Fashion Co (SHSE:603877) Total Current Assets : ¥5,137 Mil (As of Mar. 2024)

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What is Ningbo Peacebird Fashion Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ningbo Peacebird Fashion Co's total current assets for the quarter that ended in Mar. 2024 was ¥5,137 Mil.

Ningbo Peacebird Fashion Co Total Current Assets Historical Data

The historical data trend for Ningbo Peacebird Fashion Co'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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Ningbo Peacebird Fashion Co Total Current Assets Chart

Ningbo Peacebird Fashion Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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5,165.20

6,258.59

7,132.74

5,688.42

5,477.63

Ningbo Peacebird Fashion Co 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															5,234.00	4,802.89	5,308.90	5,477.63	5,136.58

Ningbo Peacebird Fashion Co 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.

Ningbo Peacebird Fashion Co'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
	=	2797.278	+	593.859	+	1508.629	+	577.867
	=	5,478

Ningbo Peacebird Fashion Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2642.763	+	545.403	+	1367.625	+	580.79
	=	5,137

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.

Ningbo Peacebird Fashion Co (SHSE:603877) 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.

Ningbo Peacebird Fashion Co'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)
=	2642.763	-	2969.993	+	0.75 * 430.291	+	0.5 * 1367.625
=	679

Ningbo Peacebird Fashion Co Total Current Assets Related Terms

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Ningbo Peacebird Fashion Co (SHSE:603877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Peacebird Fashion Co Ltd (SHSE:603877) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011

Website

http://www.peacebird.com

Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.

Executives

Wang Qing Lin	senior management
Wang Ming Feng	Directors, senior managers
Hong Yang Wei	senior management
Weng Jiang Hong	Directors, senior managers
Ou Li Min	senior management
Dai Zhi Yong	Director
Rong Yi Qin	Supervisors
Chen Hong Chao	Director
Zhang Jiang Ping	Director
Zhang Jiang Bo	Director
Shi Chao Qi	senior management
Zhang Ting	senior management
Shen Ya Xin	senior management
Lou Jia Zi	senior management

Ningbo Peacebird Fashion Co (SHSE:603877) Headlines

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