Poseidon Concepts (Poseidon Concepts) Total Current Assets : $142.9 Mil (As of Sep. 2012)

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What is Poseidon Concepts Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Poseidon Concepts's total current assets for the quarter that ended in Sep. 2012 was $142.9 Mil.

Poseidon Concepts Total Current Assets Historical Data

The historical data trend for Poseidon Concepts'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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Poseidon Concepts Total Current Assets Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Current Assets

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9.40

16.17

11.58

12.07

56.23

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Total Current Assets	Get a 7-Day Free Trial										43.86	56.23	90.23	135.90	142.95

Poseidon Concepts 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.

Poseidon Concepts's Total Current Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	52.364	+	2.79	+	1.08
	=	56.2

Poseidon Concepts's Total Current Assets for the quarter that ended in Sep. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.538	+	128.3	+	6.651	+	4.459
	=	142.9

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.

Poseidon Concepts (GREY:POOSF) 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.

Poseidon Concepts's Liquidation Value for the quarter that ended in Sep. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.538	-	96.377	+	0.75 * 128.3	+	0.5 * 6.651
=	6.7

Poseidon Concepts Total Current Assets Related Terms

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Poseidon Concepts (Poseidon Concepts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8

Website

http://www.poseidonconcepts.com

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

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