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Xinjiang Daqo New Energy Co (SHSE:688303) Total Current Assets : ¥21,852 Mil (As of Mar. 2024)


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What is Xinjiang Daqo New Energy Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xinjiang Daqo New Energy Co's total current assets for the quarter that ended in Mar. 2024 was ¥21,852 Mil.


Xinjiang Daqo New Energy Co Total Current Assets Historical Data

The historical data trend for Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co Total Current Assets Chart

Xinjiang Daqo New Energy Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 2,348.89 2,138.75 12,348.37 33,656.35 23,373.51

Xinjiang Daqo New Energy Co Quarterly Data
Dec17 Dec18 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 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 34,676.95 26,578.40 24,988.42 23,373.51 21,851.95

Xinjiang Daqo New Energy 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.

Xinjiang Daqo New Energy Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Xinjiang Daqo New Energy Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.


Xinjiang Daqo New Energy Co  (SHSE:688303) 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.

Xinjiang Daqo New Energy 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)
=17410.508-6080.898+0.75 * 0+0.5 * 1454.777
=12,057

* 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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Xinjiang Daqo New Energy Co (SHSE:688303) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Weiliu Road, New Chemical Material Industrial Park, Shihezi Economic Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 832000
Xinjiang Daqo New Energy Co Ltd research and development, manufacturing, and sales of high-purity polysilicon.

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