Nissin Foods Holdings Co (TSE:2897) Total Current Assets : 円313,819 Mil (As of Dec. 2023)

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What is Nissin Foods Holdings Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nissin Foods Holdings Co's total current assets for the quarter that ended in Dec. 2023 was 円313,819 Mil.

Nissin Foods Holdings Co Total Current Assets Historical Data

The historical data trend for Nissin Foods Holdings 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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Nissin Foods Holdings Co Total Current Assets Chart

Nissin Foods Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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187,784.00

229,117.00

259,626.00

266,162.00

304,849.00

Nissin Foods Holdings 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															266,162.00	267,032.00	306,792.00	313,819.00	304,849.00

Nissin Foods Holdings 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.

Nissin Foods Holdings Co's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	115411	+	116407	+	64060	+	8971
	=	304,849

Nissin Foods Holdings Co'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
	=	109927	+	120651	+	67438	+	15803
	=	313,819

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.

Nissin Foods Holdings Co (TSE:2897) 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.

Nissin Foods Holdings Co'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)
=	109927	-	269835	+	0.75 * 120651	+	0.5 * 67438
=	-35,701

Nissin Foods Holdings Co Total Current Assets Related Terms

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Nissin Foods Holdings Co (TSE:2897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Holdings Co Ltd (TSE:2897) » Definitions » Total Current Assets

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NFPDF:USA NF2:Germany

Address

1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524

Website

https://www.nissin.com/en_jp

Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

Nissin Foods Holdings Co (TSE:2897) Headlines

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