Axman Enterprise Co (ROCO:6804) Total Current Assets : NT$1,472 Mil (As of Mar. 2024)

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

What is Axman Enterprise Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Axman Enterprise Co's total current assets for the quarter that ended in Mar. 2024 was NT$1,472 Mil.

Axman Enterprise Co Total Current Assets Historical Data

The historical data trend for Axman Enterprise 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.

* Premium members only.

Axman Enterprise Co Total Current Assets Chart

Axman Enterprise Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

827.62

694.37

1,245.12

1,443.89

1,501.59

Axman Enterprise Co Quarterly Data
	Dec18	Jun19	Dec19	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														1,627.09	1,553.45	1,669.11	1,501.59	1,471.80

Axman Enterprise 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.

Axman Enterprise 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
	=	631.98	+	428.533	+	416.745	+	24.335
	=	1,502

Axman Enterprise 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
	=	457.339	+	459.102	+	536.625	+	18.733
	=	1,472

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.

Axman Enterprise Co (ROCO:6804) 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.

Axman Enterprise 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)
=	457.339	-	1050.388	+	0.75 * 458.701	+	0.5 * 536.625
=	19

Axman Enterprise Co Total Current Assets Related Terms

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

Axman Enterprise Co (ROCO:6804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Axman Enterprise Co Ltd (ROCO:6804) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Zhongshan Road, Section 3, Daqiao Village, Dacun Township, Changhua County, Changhua, TWN, 515

Website

https://zh-tw.axman.com.tw

Axman Enterprise Co Ltd is engaged in the design and manufacture of bicycles, road bikes, and mountain bikes. Also, the company manufactures and supplies carbon fiber frames.

Axman Enterprise Co (ROCO:6804) Headlines

No Headlines