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Cantel Medical Corp (NYSE:CMN)
Total Current Assets
\$222.7 Mil (As of Jul. 2016)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Cantel Medical Corp's total current assets for the quarter that ended in Jul. 2016 was \$222.7 Mil.

Definition

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Cantel Medical Corp's Total Current Assets for the fiscal year that ended in Jul. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 28.367 + 93.332 + 91.486 + 9.557 = 222.7

Cantel Medical Corp's Total Current Assets for the quarter that ended in Jul. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 28.367 + 93.332 + 91.486 + 9.557 = 222.7

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

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.

Cantel Medical Corp's Liquidation Value for the quarter that ended in Jul. 2016 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 28.367 - 240.162 + 0.75 * 93.332 + 0.5 * 91.486 = -96.1

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cantel Medical Corp Annual Data

 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Total Current Assets 76.7 84.6 88.9 94.7 111.3 133.9 150.7 163.9 188.4 222.7

Cantel Medical Corp Quarterly Data

 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Total Current Assets 152.0 163.9 174.0 178.0 181.1 188.4 202.4 196.5 225.9 222.7
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