Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Total Current Assets : $5.09 Mil (As of May. 2020)

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What is Ventura Cannabis and Wellness Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ventura Cannabis and Wellness's total current assets for the quarter that ended in May. 2020 was $5.09 Mil.

Ventura Cannabis and Wellness Total Current Assets Historical Data

The historical data trend for Ventura Cannabis and Wellness'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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Ventura Cannabis and Wellness Total Current Assets Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

Total Current Assets

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22.49

14.33

12.64

10.17

6.41

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Total Current Assets	Get a 7-Day Free Trial															8.82	7.91	6.69	6.41	5.09

Ventura Cannabis and Wellness 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.

Ventura Cannabis and Wellness's Total Current Assets for the fiscal year that ended in Feb. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.987	+	2.855	+	0.103	+	0.469
	=	6.41

Ventura Cannabis and Wellness's Total Current Assets for the quarter that ended in May. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.973	+	2.67	+	0.089	+	0.362
	=	5.09

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.

Ventura Cannabis and Wellness (OTCPK:CVHIF) 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.

Ventura Cannabis and Wellness's Liquidation Value for the quarter that ended in May. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.973	-	4.85	+	0.75 * 2.67	+	0.5 * 0.089
=	-0.83

Ventura Cannabis and Wellness Total Current Assets Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.