Advant-e (Advant-e) Total Current Assets : $4.16 Mil (As of Dec. 2012)

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What is Advant-e Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Advant-e's total current assets for the quarter that ended in Dec. 2012 was $4.16 Mil.

Advant-e Total Current Assets Historical Data

The historical data trend for Advant-e'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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Advant-e Total Current Assets Chart

Advant-e Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Total Current Assets

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3.42

3.77

4.13

4.75

4.16

Advant-e Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Total Current Assets	Get a 7-Day Free Trial															4.75	5.60	5.86	6.58	4.16

Advant-e 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.

Advant-e's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.71	+	0.891	+	0	+	0.558
	=	4.16

Advant-e's Total Current Assets for the quarter that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.71	+	0.891	+	0	+	0.558
	=	4.16

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.

Advant-e (OTCPK:ADVCD) 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.

Advant-e's Liquidation Value for the quarter that ended in Dec. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.71	-	1.542	+	0.75 * 0.891	+	0.5 * 0
=	1.84

Advant-e Total Current Assets Related Terms

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Advant-e (Advant-e) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advant-e Corp (OTCPK:ADVCD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2434 Esquire Drive, Beavercreek, OH, USA, 45431

Website

http://www.advant-e.com

Advant-e Corp is a United States based company engaged in the development, marketing, reselling and hosting software and provides services, through its wholly-owned subsidiaries. The services allow the customers to send and receive business documents in standard and proprietary formats. The group specializes in providing hosted electronic data interchange solutions that utilize the internet as the primary communications method.

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