Lowell Farms (Lowell Farms) Total Current Assets : $9.72 Mil (As of Mar. 2024)

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What is Lowell Farms Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lowell Farms's total current assets for the quarter that ended in Mar. 2024 was $9.72 Mil.

Lowell Farms Total Current Assets Historical Data

The historical data trend for Lowell Farms'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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Lowell Farms Total Current Assets Chart

Lowell Farms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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22.06

46.60

31.43

17.56

12.09

Lowell Farms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															15.42	21.35	18.05	12.09	9.72

Lowell Farms 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.

Lowell Farms's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.311	+	2.646	+	4.76	+	2.371
	=	12.09

Lowell Farms's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.175	+	2.067	+	4.224	+	2.253
	=	9.72

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.

Lowell Farms (OTCPK:LOWLF) 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.

Lowell Farms's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.175	-	25.731	+	0.75 * 2.067	+	0.5 * 4.224
=	-20.89

Lowell Farms Total Current Assets Related Terms

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Lowell Farms (Lowell Farms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lowell Farms Inc (OTCPK:LOWLF) » Definitions » Total Current Assets

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LOWL:Canada

Address

19 Quail Run Circle, Suite B, Salinas, CA, USA, 93907

Website

https://www.lowellfarms.com

Lowell Farms Inc is a California-based vertically-integrated cannabis company with advanced production capabilities supporting every step of the supply chain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution. The Company's operations are comprised of a single reporting operating segment. Its Brands include Lowell Herb Co. and Lowell Smokes, House Weed, Kaizen, Moon, and Original Pot Company. The company generates revenues from sales of extracts, distillates, branded and packaged cannabis flower, prerolls, concentrates, and edible products to retail licensed dispensaries and bulk flower, biomass and concentrates to licensed manufacturers and distributors in the state of California.