Preferred Commerce (Preferred Commerce) Total Current Assets : $0.47 Mil (As of Nov. 2015)

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What is Preferred Commerce Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Preferred Commerce's total current assets for the quarter that ended in Nov. 2015 was $0.47 Mil.

Preferred Commerce Total Current Assets Historical Data

The historical data trend for Preferred 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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Preferred Commerce Total Current Assets Chart

Preferred Commerce Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov14

Nov15

Total Current Assets

Get a 7-Day Free Trial

0.37

0.47

Preferred Commerce Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov14	Nov15
Total Current Assets	Get a 7-Day Free Trial			-	-	-	0.37	0.47

Preferred 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.

Preferred Commerce's Total Current Assets for the fiscal year that ended in Nov. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.035	+	0.043	+	0.391	+	0
	=	0.47

Preferred Commerce's Total Current Assets for the quarter that ended in Nov. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.035	+	0.043	+	0.391	+	0
	=	0.47

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.

Preferred Commerce (OTCPK:CELV) 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.

Preferred Commerce's Liquidation Value for the quarter that ended in Nov. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.035	-	9.827	+	0.75 * 0.043	+	0.5 * 0.391
=	-9.56

Preferred Commerce Total Current Assets Related Terms

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Preferred Commerce (Preferred Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414

Website

http://www.preferredcommerce.com

Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.