Armanino Foods of Distinction (Armanino Foods of Distinction) Total Current Assets : $33.67 Mil (As of Sep. 2023)

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What is Armanino Foods of Distinction Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Armanino Foods of Distinction's total current assets for the quarter that ended in Sep. 2023 was $33.67 Mil.

Armanino Foods of Distinction Total Current Assets Historical Data

The historical data trend for Armanino Foods of Distinction'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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Armanino Foods of Distinction Total Current Assets Chart

Armanino Foods of Distinction Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

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16.85

19.06

21.58

19.58

26.28

Armanino Foods of Distinction Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23
Total Current Assets	Get a 7-Day Free Trial															26.28	25.92	28.18	30.08	33.67

Armanino Foods of Distinction 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.

Armanino Foods of Distinction's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	11.845	+	8.624	+	5.147	+	0.665
	=	26.28

Armanino Foods of Distinction's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	14.664	+	7.522	+	9.685	+	1.8
	=	33.67

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.

Armanino Foods of Distinction (OTCPK:AMNF) 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.

Armanino Foods of Distinction's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	14.664	-	12.92	+	0.75 * 7.522	+	0.5 * 9.685
=	12.23

Armanino Foods of Distinction Total Current Assets Related Terms

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Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Armanino Foods of Distinction Inc (OTCPK:AMNF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588

Website

https://www.armaninofoods.com

Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.

Executives

Douglas R Nichols	director	C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling	director	426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino	director, 10 percent owner, officer: President, CEO & Chairman	30588 SAN ANTONIO STREET, HAYWARD CA 94544

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