GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Total Current Assets

VS Media Holdings (VS Media Holdings) Total Current Assets : $9.99 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is VS Media Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. VS Media Holdings's total current assets for the quarter that ended in Dec. 2023 was $9.99 Mil.

VS Media Holdings Total Current Assets Historical Data

The historical data trend for VS Media Holdings'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.

* Premium members only.

VS Media Holdings Total Current Assets Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
3.44 3.59 7.29 9.99

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 3.59 6.93 7.29 7.44 9.99

VS Media Holdings 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.

VS Media Holdings'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
=1.5+8.492+0+0
=9.99

VS Media Holdings'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
=1.5+8.492+0+0
=9.99

* 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.

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.

VS Media Holdings  (NAS:VSME) 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.

VS Media Holdings'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)
=1.5-5.89+0.75 * 2.131+0.5 * 0
=-2.79

* 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.

VS Media Holdings Total Current Assets Related Terms

Thank you for viewing the detailed overview of VS Media Holdings's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Total Current Assets
Comparable Companies
ICLK TRKA SWAG CNFN INUV DLPN LDWY CNET ANTE MGOL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.