Cirtek Holdings Philippines (PHS:TCB2B.PFD) Total Current Assets : $129.82 Mil (As of Mar. 2024)

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What is Cirtek Holdings Philippines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cirtek Holdings Philippines's total current assets for the quarter that ended in Mar. 2024 was $129.82 Mil.

Cirtek Holdings Philippines Total Current Assets Historical Data

The historical data trend for Cirtek Holdings Philippines'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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Cirtek Holdings Philippines Total Current Assets Chart

Cirtek Holdings Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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133.66

166.88

197.63

155.72

134.89

Cirtek Holdings Philippines 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															149.56	147.68	144.77	134.89	129.82

Cirtek Holdings Philippines 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.

Cirtek Holdings Philippines'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
	=	36.703	+	34.112	+	59.438	+	4.64
	=	134.89

Cirtek Holdings Philippines'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
	=	30.997	+	36.45	+	57.989	+	4.385
	=	129.82

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.

Cirtek Holdings Philippines (PHS:TCB2B.PFD) 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.

Cirtek Holdings Philippines'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)
=	30.997	-	64.869	+	0.75 * 29.353	+	0.5 * 57.989
=	17.14

Cirtek Holdings Philippines Total Current Assets Related Terms

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Cirtek Holdings Philippines (PHS:TCB2B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cirtek Holdings Philippines Corp (PHS:TCB2B.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TCB2A.PFD:Philippines TECH:Philippines

Address

116 East Main Avenue, Phase V-SEZ Laguna Technopark, Laguna, Binan, PHL, 4024

Website

https://www.cirtekholdings.com

Cirtek Holdings Philippines Corp through its subsidiaries is engaged in the manufacture and sales of semiconductor packages as an independent subcontractor for outsourced semiconductor assembly, test and packaging services, and the manufacture of integrated technology products. The company performs three activities which include the design, development, and delivery of the wireless industry's antenna solutions; the manufacture of value-added, integrated technology products; and the manufacture and sales of semiconductor packages as an independent subcontractor for outsourced semiconductor assembly, test, and packaging services.

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