Mdf Commerce (TSX:MDF) Total Current Assets : C$36.9 Mil (As of Dec. 2023)

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What is Mdf Commerce Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mdf Commerce's total current assets for the quarter that ended in Dec. 2023 was C$36.9 Mil.

Mdf Commerce Total Current Assets Historical Data

The historical data trend for Mdf Commerce'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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Mdf Commerce Total Current Assets Chart

Mdf Commerce Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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50.61

34.54

137.15

64.12

48.59

Mdf Commerce 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															56.30	48.59	38.70	40.64	36.87

Mdf Commerce 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.

Mdf Commerce's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.998	+	33.357	+	0	+	11.238
	=	48.6

Mdf Commerce'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
	=	5.023	+	25.169	+	0	+	6.677
	=	36.9

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.

Mdf Commerce (TSX:MDF) 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.

Mdf Commerce'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)
=	5.023	-	66.359	+	0.75 * 10.562	+	0.5 * 0
=	-53.4

Mdf Commerce Total Current Assets Related Terms

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Mdf Commerce (TSX:MDF) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (TSX:MDF) » Definitions » Total Current Assets

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MECVF:USA

Address

1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4

Website

https://www.mdfcommerce.com

Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.

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