Wah Sun Handbags International Holdings (HKSE:02683) Total Current Assets : HK$339.0 Mil (As of Sep. 2023)

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What is Wah Sun Handbags International Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wah Sun Handbags International Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$339.0 Mil.

Wah Sun Handbags International Holdings Total Current Assets Historical Data

The historical data trend for Wah Sun Handbags International Holdings'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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Wah Sun Handbags International Holdings Total Current Assets Chart

Wah Sun Handbags International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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427.14

319.39

301.35

340.26

305.95

Wah Sun Handbags International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial											369.67	340.26	330.39	305.95	339.00

Wah Sun Handbags International Holdings 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.

Wah Sun Handbags International Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	103.043	+	37.932	+	128.585	+	36.386
	=	305.9

Wah Sun Handbags International Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	147.528	+	70.81	+	84.746	+	35.916
	=	339.0

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.

Wah Sun Handbags International Holdings (HKSE:02683) 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.

Wah Sun Handbags International Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	147.528	-	151.524	+	0.75 * 69.619	+	0.5 * 84.746
=	90.6

Wah Sun Handbags International Holdings Total Current Assets Related Terms

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Wah Sun Handbags International Holdings (HKSE:02683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wah Sun Handbags International Holdings Ltd (HKSE:02683) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG

Website

http://www.wahsun.com.hk

Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of handbag products. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Spain and Other countries. Its non-leather handbags are made of materials such as PU, PVC and various types of textile materials, which are mainly mass market and middle-end priced products.

Executives

Wah Sun International Holdings Limited	2101 Beneficial owner
Chan Sim Kuen	2202 Interest of your spouse
Ma Hing Man	2201 Interest of corporation controlled by you
Ma Hing Ming	2201 Interest of corporation controlled by you
Ma Lan Chu	2201 Interest of corporation controlled by you
Ma Lan Heung	2201 Interest of corporation controlled by you
Ma Yum Chee	2201 Interest of corporation controlled by you
Wu Yu Ling	2202 Interest of your spouse
Yung Ngan Sim	2202 Interest of your spouse

Wah Sun Handbags International Holdings (HKSE:02683) Headlines

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