Maison Luxe (Maison Luxe) Total Current Assets : $0.23 Mil (As of Dec. 2011)

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What is Maison Luxe Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Maison Luxe's total current assets for the quarter that ended in Dec. 2011 was $0.23 Mil.

Maison Luxe Total Current Assets Historical Data

The historical data trend for Maison Luxe'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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Maison Luxe Total Current Assets Chart

Maison Luxe Annual Data

Trend

Mar10

Mar11

Total Current Assets

0.18

0.17

Maison Luxe Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Total Current Assets	Get a 7-Day Free Trial						0.14	0.17	0.16	0.12	0.23

Maison Luxe 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.

Maison Luxe's Total Current Assets for the fiscal year that ended in Mar. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.08	+	0.057	+	0	+	0.03
	=	0.17

Maison Luxe's Total Current Assets for the quarter that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.024	+	0.197	+	0	+	0.004
	=	0.23

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.

Maison Luxe (OTCPK:MASN) 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.

Maison Luxe's Liquidation Value for the quarter that ended in Dec. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.024	-	2.205	+	0.75 * 0.197	+	0.5 * 0
=	-2.03

Maison Luxe Total Current Assets Related Terms

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Maison Luxe (Maison Luxe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maison Luxe Inc (OTCPK:MASN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza North, Suite 2, Fort Lee, NJ, USA, 07024

Website

https://www.maisonluxeny.com

Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.