PXHI (PhoneX Holdings) Total Current Assets: $5.95 Mil (As of Dec. 2018)

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What is PhoneX Holdings Total Current Assets?

PhoneX Holdings PXHI +5.91% Total Current Assets is $5.95 Mil as of Dec. 2018.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. PhoneX Holdings's total current assets for the quarter that ended in Dec. 2018 was $5.95 Mil.

PhoneX Holdings  (OTCPK:PXHI) 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.

PhoneX Holdings's Liquidation Value for the quarter that ended in Dec. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.829-8.706+0.75 * 0.271+0.5 * 2.754
=-4.30

* 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.

PhoneX Holdings Total Current Assets Related Terms

PhoneX Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Total Current Assets Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 9.71 12.07 12.45 5.95

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 12.45 11.61 7.42 7.87 5.95

PhoneX Holdings 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.

PhoneX Holdings'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
=2.829+0.271+2.754+0.091
=5.95

PhoneX Holdings's Total Current Assets for the quarter that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.829+0.271+2.754+0.091
=5.95

* 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 $5.95 Mil mean?
PhoneX Holdings (PXHI) has a Total Current Assets of $5.95 Mil as of Dec. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for PhoneX Holdings and its competitors.
Is PhoneX Holdings' Total Current Assets too high?
PhoneX Holdings' current Total Current Assets is $5.95 Mil.
How does PhoneX Holdings' Total Current Assets compare to SMKC and TKAT?
PhoneX Holdings' Total Current Assets of $5.95 Mil can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Total Current Assets depends on the Retail - Cyclical 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 PhoneX Holdings and its competitors. PhoneX Holdings's current Total Current Assets is $5.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Total Current Assets of $5.95 Mil. The current Total Current Assets is $5.95 Mil. 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 PhoneX Holdings (PXHI), the current Total Current Assets is $5.95 Mil as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.