Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Total Current Assets : $72.30 Mil (As of Sep. 2015)

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What is Global-Tech Advanced Innovations Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Global-Tech Advanced Innovations's total current assets for the quarter that ended in Sep. 2015 was $72.30 Mil.

Global-Tech Advanced Innovations Total Current Assets Historical Data

The historical data trend for Global-Tech Advanced Innovations'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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Global-Tech Advanced Innovations Total Current Assets Chart

Global-Tech Advanced Innovations Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Total Current Assets

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88.74

82.92

77.35

70.22

67.78

Global-Tech Advanced Innovations Semi-Annual Data
	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Mar09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15
Total Current Assets	Get a 7-Day Free Trial															64.16	70.22	71.62	67.78	72.30

Global-Tech Advanced Innovations 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.

Global-Tech Advanced Innovations's Total Current Assets for the fiscal year that ended in Mar. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	14.502	+	20.509	+	6.419	+	26.349
	=	67.78

Global-Tech Advanced Innovations's Total Current Assets for the quarter that ended in Sep. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.669	+	26.698	+	6.697	+	10.231
	=	72.30

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.

Global-Tech Advanced Innovations (NAS:GAI) 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.

Global-Tech Advanced Innovations's Liquidation Value for the quarter that ended in Sep. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.669	-	42.047	+	0.75 * 26.683	+	0.5 * 6.697
=	9.98

Global-Tech Advanced Innovations Total Current Assets Related Terms

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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Global-Tech Advanced Innovations Inc (NAS:GAI) » Definitions » Total Current Assets

Traded in Other Exchanges

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Address

Website

http://www.global-webpage.com

Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

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