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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Total Current Assets : $8.16 Mil (As of Dec. 2023)


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What is Neo-Concept International Group Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Neo-Concept International Group Holdings's total current assets for the quarter that ended in Dec. 2023 was $8.16 Mil.

Neo-Concept International Group Holdings Total Current Assets Historical Data

The historical data trend for Neo-Concept International Group 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.

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Neo-Concept International Group Holdings Total Current Assets Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
7.24 5.10 5.25 8.16

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 5.10 9.20 5.25 9.32 8.16

Neo-Concept International Group 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.

Neo-Concept International Group 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
=0.749+4.141+0.681+2.59
=8.16

Neo-Concept International Group 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
=0.749+4.141+0.681+2.59
=8.16

* 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.

Neo-Concept International Group Holdings  (NAS:NCI) 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.

Neo-Concept International Group 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)
=0.749-11.909+0.75 * 4.141+0.5 * 0.681
=-7.71

* 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.

Neo-Concept International Group Holdings Total Current Assets Related Terms

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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG
Website
https://www.neo-ig.com
Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

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