GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Total Current Assets

Tongcheng Travel Holdings (HKSE:00780) Total Current Assets : HK$16,297 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Tongcheng Travel Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tongcheng Travel Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$16,297 Mil.

Tongcheng Travel Holdings Total Current Assets Historical Data

The historical data trend for Tongcheng Travel Holdings'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.

Tongcheng Travel Holdings Total Current Assets Chart

Tongcheng Travel Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 10,784.05 10,466.99 9,028.34 11,596.07 16,296.92

Tongcheng Travel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11,596.07 13,538.35 14,702.61 15,332.70 16,296.92

Tongcheng Travel Holdings 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.

Tongcheng Travel Holdings'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
=10290.65+1915.003+1.09+4090.175
=16,297

Tongcheng Travel Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=10290.65+1915.003+1.09+4090.175
=16,297

* 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.

Tongcheng Travel Holdings  (HKSE:00780) 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.

Tongcheng Travel Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10290.65-14405.418+0.75 * 1332.538+0.5 * 1.09
=-3,115

* 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.

Tongcheng Travel Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of Tongcheng Travel Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Total Current Assets
Comparable Companies
HKSE:01901 HKSE:01745 HKSE:00265 HKSE:00487 HKSE:06882 HKSE:08668 HKSE:01701 HKSE:01620 HKSE:01235 HKSE:08069 BKNG ABNB XMAD:AMS TCOM RCL CCL EXPE NCLH MMYT XPAR:MMB
Traded in Other Exchanges
TEM:Germany
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
Website
https://www.tongchengir.com
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Tongcheng Travel Holdings (HKSE:00780) Headlines

No Headlines