GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Edifier Technology Co Ltd (SZSE:002351) » Definitions » Total Current Assets

Edifier Technology Co (SZSE:002351) Total Current Assets : ¥2,701 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Edifier Technology Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Edifier Technology Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,701 Mil.


Edifier Technology Co Total Current Assets Historical Data

The historical data trend for Edifier Technology 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.

Edifier Technology Co Total Current Assets Chart

Edifier Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,673.68 2,019.70 2,090.76 2,286.09 2,764.45

Edifier Technology 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 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 2,269.02 2,348.79 2,647.62 2,764.45 2,700.86

Edifier Technology 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.

Edifier Technology Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Edifier Technology 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.


Edifier Technology Co  (SZSE:002351) 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.

Edifier Technology 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)
=2013.558-495.857+0.75 * 209.071+0.5 * 404.847
=1,877

* 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.


Edifier Technology Co Total Current Assets Related Terms

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


Edifier Technology Co (SZSE:002351) Business Description

Traded in Other Exchanges
N/A
Address
No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.
Executives
Xiao Min Directors, executives
Zhang Wen Dong Directors, executives
Zhang Wen Sheng Directors, executives
Wang Xiao Hong Director
Wang Hong Rong Executives
Wen Yu Executives
Deng Long Mu Executives
Wang Jiu Jun Supervisors
Fan Gang Juan Supervisors
Director
Kong Yu Quan Independent director
Xu Bin Director
Wang Jiu Kui Supervisors

Edifier Technology Co (SZSE:002351) Headlines

No Headlines