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Vesync Co (HKSE:02148) Total Current Liabilities : HK$1,783 Mil (As of Dec. 2023)


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What is Vesync Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Vesync Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$1,783

Vesync Co Total Current Liabilities Historical Data

The historical data trend for Vesync Co's Total Current Liabilities 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.

Vesync Co Total Current Liabilities Chart

Vesync Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 496.65 755.00 1,035.83 1,309.91 1,782.57

Vesync Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,035.83 1,035.24 1,309.91 1,271.42 1,782.57

Vesync Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Vesync Co's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1280.128+258.629
+Other Current Liabilities+Current Deferred Liabilities
=243.814+0
=1,783

Vesync Co's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1280.128+258.629
+Other Current Liabilities+Current Deferred Liabilities
=243.814+0
=1,783

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Vesync Co Total Current Liabilities Related Terms

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Vesync Co (HKSE:02148) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vesync Co Ltd (HKSE:02148) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01137 HKSE:02420 HKSE:02101 HKSE:01020 HKSE:00620 HKSE:01039 HKSE:02209 AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755
Traded in Other Exchanges
N/A
Address
1001 Zhongshan Park Road, Room 402 and 501–502, Block F3, TCL International E City, Nanshan District, Guangdong Province, Shenzhen, CHN
Website
https://www.vesync.com
Vesync focuses on the online marketing and sale of self-designed and self-developed small home appliances and smart home devices. In 2022, more than 80% of sales were generated through Amazon. The company owns three core brands: Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products, and personal-care products, and Cosori for kitchen and dining appliances.
Executives
Yang Hai
Yang Lin
Yang Yuzheng
Chen Shuyong
Li Jisu
Xu Bo
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Swcs Trust Limited 2301 Trustee
Hhlr Advisors, Ltd. 2102 Investment manager
Hhlr Fund, L.p. 2101 Beneficial owner

Vesync Co (HKSE:02148) Headlines

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