PXFG (Phoenix Footwear Group) Total Current Assets: $14.80 Mil (As of Dec. 2023)


PXFG Phoenix Footwear Group Inc PXFG
12 GF Score
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What is Phoenix Footwear Group Total Current Assets?

Phoenix Footwear Group PXFG -7.34% 12 Total Current Assets is $14.80 Mil as of Dec. 2023. GuruFocus rates PXFG with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Phoenix Footwear Group's total current assets for the quarter that ended in Dec. 2023 was $14.80 Mil.

Phoenix Footwear Group  (OTCPK:PXFG) 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.

Phoenix Footwear Group's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.037-13.125+0.75 * 3.566+0.5 * 9.719
=-5.55

* 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.

Phoenix Footwear Group Total Current Assets Related Terms

Phoenix Footwear Group Total Current Assets Historical Data

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The historical data trend for Phoenix Footwear 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.

Phoenix Footwear Group Total Current Assets Chart

Phoenix Footwear Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.53 9.97 10.77 17.30 14.80

Phoenix Footwear Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.30 18.13 14.84 15.32 14.80
PXFG
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Phoenix Footwear Group Inc PXFG
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Footwear 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.

Phoenix Footwear Group'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
=0.037+4.379+9.719+0.66
=14.80

Phoenix Footwear Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.037+4.379+9.719+0.66
=14.80

* 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 $14.80 Mil mean?
Phoenix Footwear Group (PXFG) has a Total Current Assets of $14.80 Mil as of Dec. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Phoenix Footwear Group and its competitors.
Is Phoenix Footwear Group's Total Current Assets too high?
Phoenix Footwear Group's current Total Current Assets is $14.80 Mil. Overall, Phoenix Footwear Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Footwear Group's Total Current Assets compare to GIII and JL?
Phoenix Footwear Group's Total Current Assets of $14.80 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Current Assets depends on the Manufacturing - Apparel & Accessories 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 Phoenix Footwear Group and its competitors. Phoenix Footwear Group's current Total Current Assets is $14.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Footwear Group stock overvalued right now?
Phoenix Footwear Group (PXFG) has a current Total Current Assets of $14.80 Mil. The current Total Current Assets is $14.80 Mil. Phoenix Footwear 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 Phoenix Footwear Group (PXFG), the current Total Current Assets is $14.80 Mil as of Dec. 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.

Phoenix Footwear Group Business Description

Address 2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, Pendleton, Los Cabos, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
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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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