Candy Club Holdings (ASX:CLB) Total Current Assets : A$0.02 Mil (As of Jun. 2023)

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What is Candy Club Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Candy Club Holdings's total current assets for the quarter that ended in Jun. 2023 was A$0.02 Mil.

Candy Club Holdings Total Current Assets Historical Data

The historical data trend for Candy Club Holdings'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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Candy Club Holdings Total Current Assets Chart

Candy Club Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

4.66

8.22

19.92

0.22

Candy Club Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial						19.92	14.63	0.22	0.02	-

Candy Club Holdings 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.

Candy Club Holdings's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.183	+	0.029	+	0	+	0.006
	=	0.22

Candy Club Holdings's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	0.011	+	0	+	0
	=	0.02

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.

Candy Club Holdings (ASX:CLB) 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.

Candy Club Holdings's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	0.098	+	0.75 * 0.011	+	0.5 * 0
=	-0.08

Candy Club Holdings Total Current Assets Related Terms

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Candy Club Holdings (ASX:CLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candy Club Holdings Ltd (ASX:CLB) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Kent Street, Level 2, Sydney, NSW, AUS, 90230

Website

https://www.candyclub.com

Candy Club Holdings Ltd is engaged in two components namely the B2C business and B2B business. Under the B2C business, the company sells subscriptions plans for the Candy Boxes in the USA, and the B2B business involves the selling of Candy Club Branded Confectionery to specialty market resellers in the USA. It has one segment, which is administration services in Australia.