Valentine Beauty (Valentine Beauty) Total Current Assets : $1.19 Mil (As of Sep. 2010)

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What is Valentine Beauty Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Valentine Beauty's total current assets for the quarter that ended in Sep. 2010 was $1.19 Mil.

Valentine Beauty Total Current Assets Historical Data

The historical data trend for Valentine Beauty'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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Valentine Beauty Total Current Assets Chart

Valentine Beauty Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Total Current Assets

0.04

1.19

1.70

1.94

Valentine Beauty Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Total Current Assets	Get a 7-Day Free Trial														2.74	1.94	1.96	1.81	1.19

Valentine Beauty 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.

Valentine Beauty's Total Current Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.03	+	0.828	+	0.373	+	0.705
	=	1.94

Valentine Beauty's Total Current Assets for the quarter that ended in Sep. 2010 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.024	+	0.161	+	0.41	+	0.599
	=	1.19

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.

Valentine Beauty (GREY:VLBI) 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.

Valentine Beauty's Liquidation Value for the quarter that ended in Sep. 2010 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.024	-	0.598	+	0.75 * 0.127	+	0.5 * 0.41
=	-0.27

Valentine Beauty Total Current Assets Related Terms

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Valentine Beauty (Valentine Beauty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Valentine Beauty Inc (GREY:VLBI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 Forest City, 247 Oak St Ext. Suite, Rutherfordton, NC, USA, 28043

Website

http://www.valentinespa.com

Valentine Beauty Inc sells pharmaceutical grade beauty and health products in the Anti-Aging industry. It offers products that shape and set trends within the beauty industry for both men and woman. Its products include LV Gold Series, Valentine Beauty, Spa, and Salon, Makeup, Weight Loss and Beauty Devices.

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