Shanghai Milkground Food Tech Co (SHSE:600882) Total Current Assets : ¥3,516 Mil (As of Mar. 2024)

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What is Shanghai Milkground Food Tech Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shanghai Milkground Food Tech Co's total current assets for the quarter that ended in Mar. 2024 was ¥3,516 Mil.

Shanghai Milkground Food Tech Co Total Current Assets Historical Data

The historical data trend for Shanghai Milkground Food Tech 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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Shanghai Milkground Food Tech Co Total Current Assets Chart

Shanghai Milkground Food Tech Co Annual Data

Trend

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Dec23

Total Current Assets

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880.30

1,177.86

3,884.18

4,379.13

3,708.33

Shanghai Milkground Food Tech 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															4,164.26	4,047.82	3,874.64	3,708.33	3,516.33

Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech 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
	=	2595.656	+	126.587	+	533.002	+	453.085
	=	3,708

Shanghai Milkground Food Tech 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
	=	2559.653	+	130.501	+	451.197	+	374.983
	=	3,516

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.

Shanghai Milkground Food Tech Co (SHSE:600882) 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.

Shanghai Milkground Food Tech 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)
=	2559.653	-	2446.399	+	0.75 * 105.85	+	0.5 * 451.197
=	418

Shanghai Milkground Food Tech Co Total Current Assets Related Terms

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Shanghai Milkground Food Tech Co (SHSE:600882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Milkground Food Tech Co Ltd (SHSE:600882) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136

Website

http://www.groundmilk.com

Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.

Executives

Xie Yi	senior management
Ren Song	Directors, senior managers
Guo Yong Lai	senior management
Liu Da Yong	senior management
Wang Yu Hong	Supervisors
Liu Zong Shang	Director
Hu Yan Chao	senior management
Chai Xiu	Director
Chen Yun	Director
Bai Li Jun	Director
Xu Wei	Director

Shanghai Milkground Food Tech Co (SHSE:600882) Headlines

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