Ixia (XXIA) Total Current Assets : $304.8 Mil (As of Dec. 2016)

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What is Ixia Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ixia's total current assets for the quarter that ended in Dec. 2016 was $304.8 Mil.

Ixia Total Current Assets Historical Data

The historical data trend for Ixia'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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Ixia Total Current Assets Chart

Ixia Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Current Assets

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358.04

290.94

316.47

266.58

304.77

Ixia Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Total Current Assets	Get a 7-Day Free Trial															266.58	249.70	264.03	287.32	304.77

Ixia 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.

Ixia's Total Current Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	143.01	+	103.395	+	28.657	+	29.711
	=	304.8

Ixia's Total Current Assets for the quarter that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	143.01	+	103.395	+	28.657	+	29.711
	=	304.8

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.

Ixia (NAS:XXIA) 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.

Ixia's Liquidation Value for the quarter that ended in Dec. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	143.01	-	246.03	+	0.75 * 103.395	+	0.5 * 28.657
=	-11.1

Ixia Total Current Assets Related Terms

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Ixia (XXIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ixia (NAS:XXIA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.ixiacom.com

Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.

Executives

Bethany Mayer	director, officer: President and CEO	C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Gail Hamilton	director	20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ilan Daskal	director	1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Brent T Novak	officer: Chief Financial Officer	C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Jonathan Fram	director	NONE, SEATTLE WA 98101
Graaf Raymond De	officer: Sr. Vice President, Operations	C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Thomas B Miller	officer: Chief Financial Officer	C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Pictet Overseas Trust Corp Ltd	10 percent owner	BAYSIDE EXECUTIVE PARK, BUILDING NO. 1, WEST BAY STREET AND BLAKE ROAD, NASSAU C5 0000000000
Atul Bhatnagar	director, officer: President and CEO	C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302