FLES (Auto Parts 4Less Group) Total Current Assets: $0.09 Mil (As of Oct. 2023)


FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Total Current Assets?

Auto Parts 4Less Group FLES 12 Total Current Assets is $0.09 Mil as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Auto Parts 4Less Group's total current assets for the quarter that ended in Oct. 2023 was $0.09 Mil.


Auto Parts 4Less Group  (OTCPK:FLES) 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.

Auto Parts 4Less Group's Liquidation Value for the quarter that ended in Oct. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.012-28.175+0.75 * 0+0.5 * 0.033
=-28.15

* 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.


Auto Parts 4Less Group Total Current Assets Related Terms


Auto Parts 4Less Group Total Current Assets Historical Data

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The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Total Current Assets Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.54 0.72 0.57 0.10

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.25 0.10 0.12 0.09 0.09
FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group 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.

Auto Parts 4Less Group's Total Current Assets for the fiscal year that ended in Jan. 2023 is calculated as

Auto Parts 4Less Group's Total Current Assets for the quarter that ended in Oct. 2023 is calculated as

* 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 $0.09 Mil mean?
Auto Parts 4Less Group (FLES) has a Total Current Assets of $0.09 Mil as of Oct. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Total Current Assets too high?
Auto Parts 4Less Group's current Total Current Assets is $0.09 Mil. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Total Current Assets compare to REII and MBLY?
Auto Parts 4Less Group's Total Current Assets of $0.09 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Current Assets depends on the Vehicles & Parts 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 Auto Parts 4Less Group and its competitors. Auto Parts 4Less Group's current Total Current Assets is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Total Current Assets of $0.09 Mil. The current Total Current Assets is $0.09 Mil. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Total Current Assets is $0.09 Mil as of Oct. 2023. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
12GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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