Smith Micro Software (Smith Micro Software) Total Current Assets

: $16.88 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Smith Micro Software's total current assets for the quarter that ended in Dec. 2023 was $16.88 Mil.

Smith Micro Software Total Current Assets Historical Data

The historical data trend for Smith Micro Software'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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Smith Micro Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

39.96

39.29

28.66

26.51

16.88

Smith Micro Software 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																26.51	23.23	21.64	21.21	16.88

Smith Micro Software 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.

Smith Micro Software'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
	=	7.125	+	7.912	+	0	+	1.843
	=	16.88

Smith Micro Software'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
	=	7.125	+	7.912	+	0	+	1.843
	=	16.88

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.

Smith Micro Software (NAS:SMSI) 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.

Smith Micro Software'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)
=	7.125	-	10.187	+	0.75 * 7.912	+	0.5 * 0
=	2.87

Smith Micro Software Total Current Assets Related Terms

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Smith Micro Software (Smith Micro Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smith Micro Software Inc (NAS:SMSI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

SS91:Germany

Address

5800 Corporate Drive, Pittsburgh, PA, USA, 15237

Website

https://www.smithmicro.com

Smith Micro Software Inc is a provider of software solutions. It develops and markets wireless solutions for wireless service providers, mobile device and chipset manufacturers, and enterprise businesses. It offers multi-platform, modular solutions such as SafePath; CommSuite; and ViewSpot. The company's only reportable segment is Wireless. Its Wireless segment sells primarily to large wireless carriers, cable operators, and OEMs.

Executives

James M Kempton	officer: VP, CFO and Treasurer	100 AIRSIDE DR, MOON TOWNSHIP PA 15108
Smith William W Jr	director, 10 percent owner, officer: President & CEO	51 COLUMBIA, ALISOVIEJO CA 92656
Chetan Sharma	director	5800 CORPORATE DR. 5TH FLOOR, PITTSBURGH PA 15237
Thomas G Campbell	director
Asha Keddy	director	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Andrew Arno	director	C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Gregory J Szabo	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Smauel Gulko	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Michael K. Fox	officer: Interim CFO	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Timothy C. Huffmyer	officer: Chief Financial Officer	1000 PARK DRIVE, LAWRENCE PA 15055
Steven Yasbek	officer: Chief Accounting Officer	51 COLUMBIA, ALISO VIEJO CA 92656
Steven Lawrence Elfman	director	51 COLUMBIA, ALISO VIEJO CA 92656
Christopher G Lippincott	other: VP - Internet & Direct Sales	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Andrew C Schmidt	officer: Chief Financial Officer	1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705
Daniel Rawlings	officer: Chief Revenue Officer	51 COLUMBIA, ALISO VIEJO CA 92656