Focus Universal (Focus Universal) Total Current Assets : $1.03 Mil (As of Dec. 2023)

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What is Focus Universal Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Focus Universal's total current assets for the quarter that ended in Dec. 2023 was $1.03 Mil.

Focus Universal Total Current Assets Historical Data

The historical data trend for Focus Universal'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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Focus Universal Total Current Assets Chart

Focus Universal Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2.44

1.01

9.21

4.81

1.03

Focus Universal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															4.81	3.00	1.80	2.04	1.03

Focus Universal 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.

Focus Universal'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
	=	0.465	+	0.185	+	0.282	+	0.096
	=	1.03

Focus Universal'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
	=	0.465	+	0.185	+	0.282	+	0.096
	=	1.03

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.

Focus Universal (NAS:FCUV) 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.

Focus Universal'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)
=	0.465	-	1.788	+	0.75 * 0.164	+	0.5 * 0.282
=	-1.06

Focus Universal Total Current Assets Related Terms

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Focus Universal (Focus Universal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Focus Universal Inc (NAS:FCUV) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2311 East Locust Court, Ontario, CA, USA, 91761

Website

https://www.focusuniversal.com

Focus Universal Inc develops and manufactures universal smart device. Its products portfolio include Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), AVX (IoT Installation Services). Majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high performance and easy to use audio/video, home theater, lighting control, automation, and integration.

Executives

Sheri Lofgren	director	C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope	director	1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield	director	3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark	director	772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee	officer: Chief Financial Officer	20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu	director, 10 percent owner	2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Edward Shihai Lee	director, 10 percent owner, officer: President	2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang	director, 10 percent owner, officer: CEO and Secretary	140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107