Haoxi Health Technology (Haoxi Health Technology) Total Current Assets : $5.41 Mil (As of Dec. 2023)

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What is Haoxi Health Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Haoxi Health Technology's total current assets for the quarter that ended in Dec. 2023 was $5.41 Mil.

Haoxi Health Technology Total Current Assets Historical Data

The historical data trend for Haoxi Health Technology'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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Haoxi Health Technology Total Current Assets Chart

Haoxi Health Technology Annual Data

Trend

Jun21

Jun22

Jun23

Total Current Assets

4.63

0.45

3.67

Haoxi Health Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			-	0.45	2.51	3.67	5.41

Haoxi Health Technology 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.

Haoxi Health Technology's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.203	+	0.008	+	0	+	2.463
	=	3.67

Haoxi Health Technology's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.113	+	0.218	+	0	+	4.075
	=	5.41

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.

Haoxi Health Technology (NAS:HAO) 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.

Haoxi Health Technology's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.113	-	4.453	+	0.75 * 0.218	+	0.5 * 0
=	-3.18

Haoxi Health Technology Total Current Assets Related Terms

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Haoxi Health Technology (Haoxi Health Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Haoxi Health Technology Ltd (NAS:HAO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anli Road, Room 801, Tower C, Floor 8, Building 103, Huizhongli, Chaoyang, Beijing, CHN

Website

https://www.haoximedia.com

Haoxi Health Technology Ltd is an online marketing solution provider in China, with an advertiser client base mainly in the healthcare industry. Haoxi has been rooted in the field of local online effect marketing for many years, serving leading customers in various industries at home and abroad, and its main business is the medical industry. It generates its revenue by providing one-stop online marketing solutions, in particular online short video marketing solutions, to advertisers through its media partners. The company provides customized marketing solutions by planning, producing, placing, and optimizing online ads, especially online short video ads, to help its advertisers acquire, convert, and retain ultimate consumers on various online media platforms.

Haoxi Health Technology (Haoxi Health Technology) Headlines

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