WDKA (Panache Beverage) Total Current Assets: $1.57 Mil (As of Jun. 2014)

What is Panache Beverage Total Current Assets?

Panache Beverage WDKA Total Current Assets is $1.57 Mil as of Jun. 2014.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Panache Beverage's total current assets for the quarter that ended in Jun. 2014 was $1.57 Mil.

Panache Beverage (OTCPK:WDKA) 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.

Panache Beverage's Liquidation Value for the quarter that ended in Jun. 2014 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.069	-	13.167	+	0.75 * 0.141	+	0.5 * 0.88
=	-12.55

* 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.

Panache Beverage Total Current Assets Related Terms

Panache Beverage Total Current Assets Historical Data

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The historical data trend for Panache Beverage's Total Current Assets can be seen below:

Panache Beverage Total Current Assets Chart

Panache Beverage Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Current Assets

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0.11

1.69

0.73

2.89

3.73

Panache Beverage Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Total Current Assets	Get a 7-Day Free Trial															6.35	4.89	3.73	2.54	1.57

Panache Beverage 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.

Panache Beverage's Total Current Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.05	+	0.174	+	1.122	+	2.384
	=	3.73

Panache Beverage's Total Current Assets for the quarter that ended in Jun. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.069	+	0.141	+	0.88	+	0.479
	=	1.57

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 $1.57 Mil mean?

Panache Beverage (WDKA) has a Total Current Assets of $1.57 Mil as of Jun. 2014. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Panache Beverage and its competitors.

Is Panache Beverage's Total Current Assets too high?

Panache Beverage's current Total Current Assets is $1.57 Mil.

How does Panache Beverage's Total Current Assets compare to CMHZ and BORNY?

Panache Beverage's Total Current Assets of $1.57 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?

A good Total Current Assets depends on the Beverages - Alcoholic 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 Panache Beverage and its competitors. Panache Beverage's current Total Current Assets is $1.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Panache Beverage stock overvalued right now?

Panache Beverage (WDKA) has a current Total Current Assets of $1.57 Mil. The current Total Current Assets is $1.57 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 Panache Beverage (WDKA), the current Total Current Assets is $1.57 Mil as of Jun. 2014. 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.

Panache Beverage Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies BOM:531635 WAR:TLV CMHZ BOM:507498 NSE:RKDL BORNY XSAT:UMIDA B ASX:DW8 XCNQ:SBD NSE:AURDIS SGX:BKV BOM:542628 THST ICNB XKLS:5188 BOM:530305 OSTO:MACK B HKSE:08301 XMAD:BIL BOM:507155

Address 150 Fifth Avenue, 3rd Floor, New York, NY, USA, 10011

Website http://www.panachespirits.com

Panache Beverage Inc operates in the beverages industry in the United States. The company is engaged in the manufacturing of vodka.