TUEMQ (Tuesday Morning) Total Current Assets: $147.9 Mil (As of Sep. 2022)

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What is Tuesday Morning Total Current Assets?

Tuesday Morning TUEMQ -99.00% Total Current Assets is $147.9 Mil as of Sep. 2022.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tuesday Morning's total current assets for the quarter that ended in Sep. 2022 was $147.9 Mil.

Tuesday Morning  (OTCPK:TUEMQ) 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.

Tuesday Morning's Liquidation Value for the quarter that ended in Sep. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.912-335.002+0.75 * 0+0.5 * 132.464
=-261.9

* 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.

Tuesday Morning Total Current Assets Related Terms

Tuesday Morning Total Current Assets Historical Data

* Premium members only.

The historical data trend for Tuesday Morning'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.

Tuesday Morning Total Current Assets Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Total Current Assets
0.00 175.14 182.80 163.78

Tuesday Morning Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 189.76 171.86 192.04 163.78 147.87

Tuesday Morning 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.

Tuesday Morning's Total Current Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=7.816+0+148.462+7.505
=163.8

Tuesday Morning's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=6.912+0+132.464+8.492
=147.9

* 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 $147.9 Mil mean?
Tuesday Morning (TUEMQ) has a Total Current Assets of $147.9 Mil as of Sep. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Tuesday Morning and its competitors.
Is Tuesday Morning's Total Current Assets too high?
Tuesday Morning's current Total Current Assets is $147.9 Mil.
How does Tuesday Morning's Total Current Assets compare to WMT and COST?
Tuesday Morning's Total Current Assets of $147.9 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 Tuesday Morning and its competitors. Tuesday Morning's current Total Current Assets is $147.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current Total Current Assets of $147.9 Mil. The current Total Current Assets is $147.9 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 Tuesday Morning (TUEMQ), the current Total Current Assets is $147.9 Mil as of Sep. 2022. 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.

Tuesday Morning Business Description

Address 6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.