Omni Ventures (Omni Ventures) Total Current Assets : $0.11 Mil (As of Jun. 2012)

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What is Omni Ventures Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Omni Ventures's total current assets for the quarter that ended in Jun. 2012 was $0.11 Mil.

Omni Ventures Total Current Assets Historical Data

The historical data trend for Omni Ventures'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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Omni Ventures Total Current Assets Chart

Omni Ventures Annual Data

Trend

Sep09

Sep10

Sep11

Total Current Assets

0.21

Omni Ventures Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Total Current Assets	Get a 7-Day Free Trial										0.69	0.21	0.26	0.28	0.11

Omni Ventures 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.

Omni Ventures's Total Current Assets for the fiscal year that ended in Sep. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0.028	+	0.179	+	0
	=	0.21

Omni Ventures's Total Current Assets for the quarter that ended in Jun. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0.019	+	0.085	+	0.003
	=	0.11

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.

Omni Ventures (OTCPK:OMVE) 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.

Omni Ventures's Liquidation Value for the quarter that ended in Jun. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.909	+	0.75 * 0.019	+	0.5 * 0.085
=	-0.85

Omni Ventures Total Current Assets Related Terms

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Omni Ventures (Omni Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Omni Ventures Inc (OTCPK:OMVE) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109

Website

http://www.omve.net

Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.

Executives

Bruce Harmon

officer: Chief Financial Officer

316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

Omni Ventures (Omni Ventures) Headlines

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