Summer Infant (Summer Infant) Total Current Assets : $53.4 Mil (As of Mar. 2022)

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What is Summer Infant Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Summer Infant's total current assets for the quarter that ended in Mar. 2022 was $53.4 Mil.

Summer Infant Total Current Assets Historical Data

The historical data trend for Summer Infant'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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Summer Infant Total Current Assets Chart

Summer Infant Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Current Assets

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73.01

72.31

69.01

64.18

53.48

Summer Infant Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Total Current Assets	Get a 7-Day Free Trial															47.10	43.72	60.63	61.23	53.39

Summer Infant 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.

Summer Infant's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.51	+	25.995	+	25.123	+	1.85
	=	53.5

Summer Infant's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.598	+	28.804	+	21.973	+	2.013
	=	53.4

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.

Summer Infant (NAS:SUMR) 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.

Summer Infant's Liquidation Value for the quarter that ended in Mar. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.598	-	83.368	+	0.75 * 28.804	+	0.5 * 21.973
=	-50.2

Summer Infant Total Current Assets Related Terms

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Summer Infant (Summer Infant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Summer Infant Inc (NAS:SUMR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1275 Park East Drive, Woonsocket, RI, USA, 02895

Website

https://www.summerinfant.com

Summer Infant Inc is an infant and juvenile products company. It manufactures juvenile safety and infant care products. The product categories include monitoring, safety, nursery, baby gear, and feeding products. The company markets its products under the Summer Infant, SwaddleMe, and Born Free brand names. The entity sells its products in the United States and other countries, of which a majority of the revenue is derived from the United States.

Executives

Jason P Macari	10 percent owner	10 HANNAH DRIVE CUMBERLAND RI 02864
Andrew Michael Train	director	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Bruce Meier	officer: Interim CFO	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Stuart Noyes	officer: Interim CEO	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
An Evelyn D	director	1301 NE 103RD STREET, MIAMI SHORES FL 33138
Alan Mustacchi	director	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Paul Francese	officer: Chief Financial Officer	C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895