GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Total Current Liabilities

Shengfeng Development (Shengfeng Development) Total Current Liabilities : $136.4 Mil (As of Dec. 2023)


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

What is Shengfeng Development Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Shengfeng Development's total current liabilities for the quarter that ended in Dec. 2023 was $136.4

Shengfeng Development Total Current Liabilities Historical Data

The historical data trend for Shengfeng Development'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.

Shengfeng Development Total Current Liabilities Chart

Shengfeng Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
129.02 125.35 130.80 136.38

Shengfeng Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 125.35 115.46 130.80 108.52 136.38

Shengfeng Development Total Current Liabilities Calculation

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

Shengfeng Development'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
=85.46+50.916
+Other Current Liabilities+Current Deferred Liabilities
=2.8421709430404E-14+0
=136.4

Shengfeng Development'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
=85.46+50.916
+Other Current Liabilities+Current Deferred Liabilities
=2.8421709430404E-14+0
=136.4

* 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

Shengfeng Development Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Shengfeng Development's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Shengfeng Development (Shengfeng Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Total Current Liabilities
Comparable Companies
PBI CYRX RLGT FWRD CRGO AIRT JYD JANL PDPTF SGLY UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001
Website
http://www.sfwl.com.cn
Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

From GuruFocus

Shengfeng Development Limited Purchases Electric Heavy-Duty Trucks

By PRNewswire PRNewswire • 06-12-2023