DVNCF (Danavation Technologies) Total Current Assets: $0.42 Mil (As of Jan. 2024)

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What is Danavation Technologies Total Current Assets?

Danavation Technologies DVNCF -99.95% Total Current Assets is $0.42 Mil as of Jan. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Danavation Technologies's total current assets for the quarter that ended in Jan. 2024 was $0.42 Mil.

Danavation Technologies  (OTCPK:DVNCF) 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.

Danavation Technologies's Liquidation Value for the quarter that ended in Jan. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-7.2560989483927+0.75 * 0.13836907301373+0.5 * 0.18857527787134
=-7.06

* 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.

Danavation Technologies Total Current Assets Related Terms

Danavation Technologies Total Current Assets Historical Data

* Premium members only.

The historical data trend for Danavation Technologies'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.

Danavation Technologies Total Current Assets Chart

Danavation Technologies Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Jul21 Jul22 Jul23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.53 0.87 0.69 0.53

Danavation Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.55 0.53 0.51 0.42

Danavation Technologies 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.

Danavation Technologies's Total Current Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.014071794871795+0.27774662867996+0.19310997150997+0.040527255460589
=0.53

Danavation Technologies's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.182484188466+0.18857527787134+0.050938213390217
=0.42

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.42 Mil mean?
Danavation Technologies (DVNCF) has a Total Current Assets of $0.42 Mil as of Jan. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Danavation Technologies and its competitors.
Is Danavation Technologies' Total Current Assets too high?
Danavation Technologies' current Total Current Assets is $0.42 Mil.
How does Danavation Technologies' Total Current Assets compare to PRST and BOMO?
Danavation Technologies' Total Current Assets of $0.42 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Software company?
A good Total Current Assets depends on the Software industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Danavation Technologies and its competitors. Danavation Technologies's current Total Current Assets is $0.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danavation Technologies stock overvalued right now?
Danavation Technologies (DVNCF) has a current Total Current Assets of $0.42 Mil. The current Total Current Assets is $0.42 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Danavation Technologies (DVNCF), the current Total Current Assets is $0.42 Mil as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danavation Technologies Business Description

Address 21 Roybridge Gate, Woodbridge, Vaughan, ON, CAN, L4H 1E6
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.