Liuzhou Chemical Industry Co (SHSE:600423) Total Current Assets : ¥456.8 Mil (As of Mar. 2024)

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What is Liuzhou Chemical Industry Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Liuzhou Chemical Industry Co's total current assets for the quarter that ended in Mar. 2024 was ¥456.8 Mil.

Liuzhou Chemical Industry Co Total Current Assets Historical Data

The historical data trend for Liuzhou Chemical Industry 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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Liuzhou Chemical Industry Co Total Current Assets Chart

Liuzhou Chemical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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519.15

403.10

427.44

455.23

455.65

Liuzhou Chemical Industry 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															459.46	445.89	453.16	455.65	456.85

Liuzhou Chemical Industry 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.

Liuzhou Chemical Industry 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
	=	410.706	+	40.02	+	2.631	+	2.29
	=	455.6

Liuzhou Chemical Industry 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
	=	413.826	+	37.026	+	3	+	2.996
	=	456.8

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.

Liuzhou Chemical Industry Co (SHSE:600423) 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.

Liuzhou Chemical Industry 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)
=	413.826	-	29.997	+	0.75 * 4.732	+	0.5 * 3
=	388.9

Liuzhou Chemical Industry Co Total Current Assets Related Terms

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Liuzhou Chemical Industry Co (SHSE:600423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Liuzhou Chemical Industry Co Ltd (SHSE:600423) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67, Beibei Road, Liuzhou City, Guangxi Zhuang Autonomous Region, Shenzhen, CHN, 545002

Website

http://www.lzhg.cn

Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.

Executives

Lu Sheng Yun	senior management
Wei Dong Mi	senior management
Pang Bang Yong	Supervisors
Yuan Zhi Gang	Director
Su Dong Sheng	Director
Wei Ting	senior management
Li Zhao Sheng	senior management
Liao Neng Cheng	Director
Tan Yong Qiang	Director
Huang Ji Zhong	senior management
Lin Bo	Supervisors

Liuzhou Chemical Industry Co (SHSE:600423) Headlines

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