Hong Lai Huat Group (SGX:CTO) Total Current Assets : S$51.64 Mil (As of Dec. 2023)

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What is Hong Lai Huat Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hong Lai Huat Group's total current assets for the quarter that ended in Dec. 2023 was S$51.64 Mil.

Hong Lai Huat Group Total Current Assets Historical Data

The historical data trend for Hong Lai Huat Group'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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Hong Lai Huat Group Total Current Assets Chart

Hong Lai Huat Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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59.46

72.57

85.61

62.66

51.64

Hong Lai Huat Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															85.61	78.87	62.66	57.32	51.64

Hong Lai Huat Group 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.

Hong Lai Huat Group'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
	=	3.975	+	0.949	+	46.352	+	0.36000000000001
	=	51.64

Hong Lai Huat Group'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
	=	3.975	+	0.949	+	46.352	+	0.36000000000001
	=	51.64

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.

Hong Lai Huat Group (SGX:CTO) 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.

Hong Lai Huat Group'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)
=	3.975	-	22.063	+	0.75 * 0.16	+	0.5 * 46.352
=	5.21

Hong Lai Huat Group Total Current Assets Related Terms

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Hong Lai Huat Group (SGX:CTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Lai Huat Group Ltd (SGX:CTO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

10 Bukit Batok Crescent, No 13-05, The Spire Building, Singapore, SGP, 658079

Website

https://www.honglaihuatgroup.com

Hong Lai Huat Group Ltd is engaged in the agricultural development, cultivation, branding, and merchandising, distribution of cassava. It is also engaged in the development of commercial and residential properties. The company has three reportable segments: Agriculture division; Property development and Real estate division; and Others. The agriculture division carries on the business of agricultural development, cultivation, branding, merchandising, and distribution of cassava. The property development and real estate division, are carrying on the business of investment and prime development of commercial and residential properties. The company earns the majority of its revenue from the agriculture division.