FENG HSIN STEEL CO (TPE:2015) Total Current Assets : NT$12,921 Mil (As of Mar. 2024)

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What is FENG HSIN STEEL CO Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. FENG HSIN STEEL CO's total current assets for the quarter that ended in Mar. 2024 was NT$12,921 Mil.

FENG HSIN STEEL CO Total Current Assets Historical Data

The historical data trend for FENG HSIN STEEL 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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FENG HSIN STEEL CO Total Current Assets Chart

FENG HSIN STEEL CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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8,365.19

9,748.93

13,679.08

12,220.30

12,992.16

FENG HSIN STEEL 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															12,938.33	11,802.33	11,812.06	12,992.16	12,921.48

FENG HSIN STEEL 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.

FENG HSIN STEEL 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
	=	2122.615	+	2514.493	+	7786.837	+	568.212
	=	12,992

FENG HSIN STEEL 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
	=	1462.03	+	2777.142	+	8077.389	+	604.918
	=	12,921

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.

FENG HSIN STEEL CO (TPE:2015) 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.

FENG HSIN STEEL 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)
=	1462.03	-	6653.125	+	0.75 * 2186.634	+	0.5 * 8077.389
=	488

FENG HSIN STEEL CO Total Current Assets Related Terms

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FENG HSIN STEEL CO (TPE:2015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » FENG HSIN STEEL CO LTD (TPE:2015) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

No. 998, Jiahou Road, Section 1, Houli district, Taichung, TWN, 421

Website

https://www.fenghsin.com.tw

FENG HSIN STEEL CO LTD is a company that is primarily engaged in the manufacturing and processing of angle irons, steel channels, flat structural frames, and shafts. These products are used in a wide range of applications, including bridge-building, structural uses for power transmission towers, assembling frames for machinery, shipbuilding, oil storage containers, mechanical constructions, woodworking machinery, lock components, machine parts, hand tools, piping components, auto-transmission parts, civil construction, and tunnel construction. The company generates most of its revenue from the Taiwan market.

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