Chung Hung Steel Co (TPE:2014) Total Current Assets : NT$14,331 Mil (As of Mar. 2024)

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What is Chung Hung Steel Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Chung Hung Steel Co's total current assets for the quarter that ended in Mar. 2024 was NT$14,331 Mil.

Chung Hung Steel Co Total Current Assets Historical Data

The historical data trend for Chung Hung Steel 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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Chung Hung Steel Co Total Current Assets Chart

Chung Hung Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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9,209.10

7,036.11

17,052.94

16,719.77

13,469.85

Chung Hung Steel 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															14,229.83	14,185.75	14,548.26	13,469.85	14,331.09

Chung Hung Steel 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.

Chung Hung Steel 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
	=	3597.831	+	972.3	+	8572.083	+	327.632
	=	13,470

Chung Hung Steel 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
	=	3589.114	+	795.177	+	9518.881	+	427.914
	=	14,331

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.

Chung Hung Steel Co (TPE:2014) 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.

Chung Hung Steel 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)
=	3589.114	-	17578.219	+	0.75 * 556.692	+	0.5 * 9518.881
=	-8,812

Chung Hung Steel Co Total Current Assets Related Terms

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Chung Hung Steel Co (TPE:2014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chung Hung Steel Co Ltd (TPE:2014) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 317, Yuliao Road, Yuliao Lane, Qiaotou District, Kaohsiung, TWN, 825

Website

https://www.chsteel.com.tw

Chung Hung Steel Co Ltd is engaged in manufacturing, processing, and distribution of steel products. The company produces steel products including hot and cold galvanized coils, fine blanking coils, hot rolled temper grade coils, hot rolled pickled and oiled coils, and hot rolled bands. It has two operating segments; The Corporation segment which manufacture, process and sell steel products, and Other corporations segment which includes Hung Kao Investment Corporation engaged in general investment. Geographically, it derives a majority revenue from Taiwan.

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