Lancy Co (SZSE:002612) Total Current Assets : ¥2,177 Mil (As of Mar. 2024)

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What is Lancy Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lancy Co's total current assets for the quarter that ended in Mar. 2024 was ¥2,177 Mil.

Lancy Co Total Current Assets Historical Data

The historical data trend for Lancy 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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Lancy Co Total Current Assets Chart

Lancy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,932.00

1,943.28

2,197.21

2,075.03

1,968.16

Lancy 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															2,009.15	2,112.30	2,037.18	1,968.16	2,176.51

Lancy 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.

Lancy 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
	=	489.536	+	279.582	+	1091.28	+	107.761
	=	1,968

Lancy 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
	=	732.239	+	279.635	+	1013.59	+	151.05
	=	2,177

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.

Lancy Co (SZSE:002612) 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.

Lancy 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)
=	732.239	-	3866.506	+	0.75 * 207.904	+	0.5 * 1013.59
=	-2,472

Lancy Co Total Current Assets Related Terms

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Lancy Co (SZSE:002612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lancy Co Ltd (SZSE:002612) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022

Website

http://www.lancygroup.com

Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.

Executives

Li Chun Xian	Directors, executives
Shen Dong Ri	Director
Shen Jin Hua	Directors, executives
Zhang Han	Directors, executives
Chang Jing	Executives

Lancy Co (SZSE:002612) Headlines

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