Highest Performances Holdings (Highest Performances Holdings) Total Current Assets : $363.00 Mil (As of Dec. 2023)

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What is Highest Performances Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Highest Performances Holdings's total current assets for the quarter that ended in Dec. 2023 was $363.00 Mil.

Highest Performances Holdings Total Current Assets Historical Data

The historical data trend for Highest Performances 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.

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Highest Performances Holdings Total Current Assets Chart

Highest Performances Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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67.72

55.53

62.77

58.96

33.23

Highest Performances Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial									61.65	58.96	38.12	33.23	363.00

Highest Performances 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.

Highest Performances Holdings's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.966	+	8.043	+	0	+	2.224
	=	33.23

Highest Performances 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
	=	218.686	+	119.146	+	0	+	25.164
	=	363.00

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.

Highest Performances Holdings (NAS:HPH) 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.

Highest Performances 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)
=	218.686	-	260.16	+	0.75 * 91.326	+	0.5 * 0
=	27.02

Highest Performances Holdings Total Current Assets Related Terms

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Highest Performances Holdings (Highest Performances Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highest Performances Holdings Inc (NAS:HPH) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN

Website

https://www.puyiwm.com

Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.