BEACN Wizardry & Magic (TSXV:BECN) Total Current Assets : C$3.06 Mil (As of Sep. 2023)

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What is BEACN Wizardry & Magic Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. BEACN Wizardry & Magic's total current assets for the quarter that ended in Sep. 2023 was C$3.06 Mil.

BEACN Wizardry & Magic Total Current Assets Historical Data

The historical data trend for BEACN Wizardry & Magic'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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BEACN Wizardry & Magic Total Current Assets Chart

BEACN Wizardry & Magic Annual Data

Trend

Dec20

Dec21

Dec22

Total Current Assets

0.37

3.04

4.14

BEACN Wizardry & Magic Quarterly Data
	Nov20	Feb21	May21	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial							3.44	4.14	3.35	2.99	3.06

BEACN Wizardry & Magic 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.

BEACN Wizardry & Magic'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
	=	1.287	+	0.361	+	1.555	+	0.941
	=	4.14

BEACN Wizardry & Magic'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
	=	0.431	+	0.342	+	1.835	+	0.453
	=	3.06

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.

BEACN Wizardry & Magic (TSXV:BECN) 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.

BEACN Wizardry & Magic'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)
=	0.431	-	0.571	+	0.75 * 0.207	+	0.5 * 1.835
=	0.93

BEACN Wizardry & Magic Total Current Assets Related Terms

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BEACN Wizardry & Magic (TSXV:BECN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BEACN Wizardry & Magic Inc (TSXV:BECN) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

3450 Uptown Boulevard, Suite 301, Victoria, BC, CAN, V8Z 0B9

Website

BEACN Wizardry & Magic Inc develops innovative audio equipment, peripherals, and technology for gamers, live streamers, and content creators. The group delivers premium products that produce studio-quality content. Its product portfolio consists of Beacn Mic, Beacn Mix, and?Beacn Mix Create. The group has two reportable geographic segments namely North America and Other.