Avatar Ventures (Avatar Ventures) Total Current Assets : $0.07 Mil (As of Apr. 2012)

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What is Avatar Ventures Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avatar Ventures's total current assets for the quarter that ended in Apr. 2012 was $0.07 Mil.

Avatar Ventures Total Current Assets Historical Data

The historical data trend for Avatar Ventures'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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Avatar Ventures Total Current Assets Chart

Avatar Ventures Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Total Current Assets

0.29

Avatar Ventures Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12
Total Current Assets	Get a 7-Day Free Trial														0.50	0.29	0.18	0.13	0.07

Avatar Ventures 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.

Avatar Ventures's Total Current Assets for the fiscal year that ended in Jul. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.218	+	0.07	+	0	+	-5.5511151231258E-17
	=	0.29

Avatar Ventures's Total Current Assets for the quarter that ended in Apr. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0.07	+	0	+	0
	=	0.07

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.

Avatar Ventures (GREY:ATAR) 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.

Avatar Ventures's Liquidation Value for the quarter that ended in Apr. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.061	+	0.75 * 0	+	0.5 * 0
=	-0.06

Avatar Ventures Total Current Assets Related Terms

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Avatar Ventures (Avatar Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Avatar Ventures Corp (GREY:ATAR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691

Website

http://www.avatarventurescorp.com

Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.

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