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Pivotal Acquisition (Pivotal Acquisition) Total Current Assets : $0.60 Mil (As of Sep. 2019)


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What is Pivotal Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pivotal Acquisition's total current assets for the quarter that ended in Sep. 2019 was $0.60 Mil.

Pivotal Acquisition Total Current Assets Historical Data

The historical data trend for Pivotal Acquisition'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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Pivotal Acquisition Total Current Assets Chart

Pivotal Acquisition Annual Data
Trend Dec18
Total Current Assets
0.15

Pivotal Acquisition Quarterly Data
Sep18 Mar19 Jun19 Sep19
Total Current Assets 0.15 1.16 0.76 0.60

Pivotal Acquisition 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.

Pivotal Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.019+0+0+0.133
=0.15

Pivotal Acquisition's Total Current Assets for the quarter that ended in Sep. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.477+0+0+0.119
=0.60

* 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.

Pivotal Acquisition  (NYSE:PVT.U) 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.

Pivotal Acquisition's Liquidation Value for the quarter that ended in Sep. 2019 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.477-8.911+0.75 * 0+0.5 * 0
=-8.43

* 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.

Pivotal Acquisition Total Current Assets Related Terms

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Pivotal Acquisition (Pivotal Acquisition) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pivotal Acquisition Corp (NYSE:PVT.U) » Definitions » Total Current Assets
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Traded in Other Exchanges
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Address
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Executives
Christopher Weiler director, officer: Chief Executive Officer C/O ON-SITE SOURCING, 1111 NORTH 19TH ST. #600, ARLINGTON VA 22209
Donna S Morea director 214 N TRYON STREET, CHARLOTTE NC 28202
Evan B Morgan director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Jonathan J Ledecky director C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Krystina L. Jones officer: EVP, Global Sales & Marketing C/O KLDISCOVERY, 8201 GREENBORO DRIVE, SUITE 300, MCLEAN VA 22102
Dawn M. Wilson officer: Chief Financial Officer C/O KLDISCOVERY, 8201 GREENSBORO DRIVE, SUITE 300, MCLEAN VA 22102
Prior Lawrence B Iii director 10260 CAMPUS POINT DRIVE, M/S 1-4-1, SAN DIEGO CA 92121
Ian Fujiyama director CARLYLE GROUP, 1001 PENNSYLVANIA AVE NW, SUITE 220S, WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii Coinvestment B (de), L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii De I Aiv, L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii Coinvestment (de), L.p. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Pivotal Spac Funding Llc 10 percent owner C/O MGG INVESTMENT GROUP ONE PENN PLAZA, 53RD FLOOR, NEW YORK NY 10119
Mgg Investment Group Lp director, 10 percent owner, other: See remarks ONE PENN PLAZA, 53RD FLOOR, NEW YORK NY 10119
Greg Racz director, 10 percent owner, other: See remarks C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

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