Yik Wo International Holdings (HKSE:08659) Total Current Assets : HK$282.9 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Yik Wo International Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Yik Wo International Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$282.9 Mil.

Yik Wo International Holdings Total Current Assets Historical Data

The historical data trend for Yik Wo International 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.

Yik Wo International Holdings Total Current Assets Chart

Yik Wo International Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

85.63

134.66

187.90

240.70

282.87

Yik Wo International Holdings Quarterly Data
	Dec18	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															240.70	-	227.16	-	282.87

Yik Wo International 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.

Yik Wo International 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
	=	207.683	+	64.717	+	9.46	+	1.007
	=	282.9

Yik Wo International 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
	=	207.683	+	64.717	+	9.46	+	1.007
	=	282.9

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.

Yik Wo International Holdings (HKSE:08659) 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.

Yik Wo International 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)
=	207.683	-	57.568	+	0.75 * 64.708	+	0.5 * 9.46
=	203.4

Yik Wo International Holdings Total Current Assets Related Terms

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

Yik Wo International Holdings (HKSE:08659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yik Wo International Holdings Ltd (HKSE:08659) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN

Website

https://www.yikwo.cn

Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. It sells its products under JAZZIT brand. Its regular products feature with only one compartment; and customised products can store various kinds of food and beverage with its multi-compartment disposable plastic food storage containers. The group derives prime revenue from the PRC.

Executives

Hu Kun
Youpinhui Investment Holdings Limited
Prize Investment Limited	2101 Beneficial owner
Merit Winner Limited	2101 Beneficial owner
Sun Kong Investments (bvi) Limited	2101 Beneficial owner
Chan Lai Yin	2202 Interest of your spouse
Xu Liping	2202 Interest of your spouse
Xu Youjiang	2101 Beneficial owner
Hui Man Kit	2201 Interest of corporation controlled by you
Hui Mei Nga	2202 Interest of your spouse
Wong Hing Nam	2201 Interest of corporation controlled by you

Yik Wo International Holdings (HKSE:08659) Headlines

No Headlines