Advanzeon Solutions (Advanzeon Solutions) Total Current Assets : $1.83 Mil (As of Jun. 2020)

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What is Advanzeon Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Advanzeon Solutions's total current assets for the quarter that ended in Jun. 2020 was $1.83 Mil.

Advanzeon Solutions Total Current Assets Historical Data

The historical data trend for Advanzeon Solutions'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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Advanzeon Solutions Total Current Assets Chart

Advanzeon Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

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0.04

0.29

0.08

0.46

1.04

Advanzeon Solutions Quarterly Data
	Mar13	Jun13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Total Current Assets	Get a 7-Day Free Trial															1.64	2.57	1.04	0.82	1.83

Advanzeon Solutions 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.

Advanzeon Solutions's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.069	+	0.4	+	0	+	0.571
	=	1.04

Advanzeon Solutions's Total Current Assets for the quarter that ended in Jun. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.146	+	0.406	+	0	+	1.274
	=	1.83

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.

Advanzeon Solutions (OTCPK:CHCR) 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.

Advanzeon Solutions's Liquidation Value for the quarter that ended in Jun. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.146	-	25.622	+	0.75 * 0.041	+	0.5 * 0
=	-25.45

Advanzeon Solutions Total Current Assets Related Terms

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Advanzeon Solutions (Advanzeon Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Advanzeon Solutions Inc (OTCPK:CHCR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 W. Busch Boulevard, Suite 701, Tampa, FL, USA, 33618

Website

http://www.advanzeon.com

Advanzeon Solutions Inc is engaged in the provision of behavioral health, substance abuse, and pharmacy management services, as well as sleep apnea programs. The services are primarily offered to commercial, medical, Medicaid, Children's health insurance program health plans as well as self-insured companies. The company has developed a program that is SleepMaster Solutions which is for the identification/testing and therapy of Obstructive Sleep Apnea (OSA). The company generated the majority of the revenue through its Sleep Apnea business.

Executives

Stephen M. Kreitzer	director, other: Medical Dir.. PVMS	4917 ANDROS DRIVE TAMPA FL 33629
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Clark A. Marcus	director, 10 percent owner, officer: CEO	1211 N. WESTSHORE BLVD., SUITE 512, TAMPA FL 33607
Mark Heidt	director, other: Consultant	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
Arthur Yeap	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Sharon Kay Ray	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Arnold Finestone	director, officer: CFO	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Abdul Rauf	officer: COO	C/O ADVANZEON SOLUTIONS, INC., 2901 W. BUSH BLVD, # 701 TAMPA FL 33618
Gerard Smith	director, officer: COO	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
James L. Koenig	director, officer: CFO	1604 OAKMONT DRIVE BRANDON FL 33511
Ramon Martinez	director, officer: President (a)	3405 W. DR. MARTIN LUTHER KING,JR. BLVD STE. 101 TAMPA FL 33607
Jairo Estrada	director	CALL BOX 1370 DORADO PR 00646-1370
Joshua I Smith	director	TWO EMBARCADERO CENTER, STE 1050, SAN FRANCISCO CA 94111
Robert R Kulbick	officer: President	1001 SUMMIT BLVD, NE, ATLANTA GA 30319
David R Pitts	director	P O BOX 2790, ST FRANCISVILLE LA 70775