PACV (Pacific Ventures Group) Total Current Assets: $2.71 Mil (As of Sep. 2023)

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PACV Pacific Ventures Group Inc PACV
12 GF Score
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What is Pacific Ventures Group Total Current Assets?

Pacific Ventures Group PACV 12 Total Current Assets is $2.71 Mil as of Sep. 2023. GuruFocus rates PACV with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pacific Ventures Group's total current assets for the quarter that ended in Sep. 2023 was $2.71 Mil.

Pacific Ventures Group  (OTCPK:PACV) 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.

Pacific Ventures Group's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.152-27.832+0.75 * 0.993+0.5 * 1.36
=-26.26

* 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.

Pacific Ventures Group Total Current Assets Related Terms

Pacific Ventures Group Total Current Assets Historical Data

* Premium members only.

The historical data trend for Pacific Ventures 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.

Pacific Ventures Group Total Current Assets Chart

Pacific Ventures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 2.74 2.79 3.11 2.61

Pacific Ventures Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.44 2.61 2.40 2.15 2.71
PACV
12GF Score
Pacific Ventures Group Inc PACV
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pacific Ventures 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.

Pacific Ventures Group's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.26+1.13+0.899+0.318
=2.61

Pacific Ventures Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.152+0.993+1.36+0.204
=2.71

* 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 $2.71 Mil mean?
Pacific Ventures Group (PACV) has a Total Current Assets of $2.71 Mil as of Sep. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Pacific Ventures Group and its competitors.
Is Pacific Ventures Group's Total Current Assets too high?
Pacific Ventures Group's current Total Current Assets is $2.71 Mil. Overall, Pacific Ventures Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pacific Ventures Group's Total Current Assets compare to USCTF and BLPG?
Pacific Ventures Group's Total Current Assets of $2.71 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Total Current Assets depends on the Retail - Defensive 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 Pacific Ventures Group and its competitors. Pacific Ventures Group's current Total Current Assets is $2.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Ventures Group stock overvalued right now?
Pacific Ventures Group (PACV) has a current Total Current Assets of $2.71 Mil. The current Total Current Assets is $2.71 Mil. Pacific Ventures 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 Pacific Ventures Group (PACV), the current Total Current Assets is $2.71 Mil as of Sep. 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.

Pacific Ventures Group Business Description

Address 117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015
Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.
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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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