PeakBirch Commerce (XCNQ:PKB) Total Current Assets : C$0.62 Mil (As of Jul. 2022)

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What is PeakBirch Commerce Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. PeakBirch Commerce's total current assets for the quarter that ended in Jul. 2022 was C$0.62 Mil.

PeakBirch Commerce Total Current Assets Historical Data

The historical data trend for PeakBirch Commerce'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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PeakBirch Commerce Total Current Assets Chart

PeakBirch Commerce Annual Data

Trend

Oct20

Oct21

Total Current Assets

0.68

0.77

PeakBirch Commerce Quarterly Data
	Aug19	Aug20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Total Current Assets	Get a 7-Day Free Trial				1.52	0.77	0.71	0.63	0.62

PeakBirch Commerce 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.

PeakBirch Commerce's Total Current Assets for the fiscal year that ended in Oct. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.164	+	0.497	+	0.073	+	0.031
	=	0.77

PeakBirch Commerce's Total Current Assets for the quarter that ended in Jul. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.116	+	0.413	+	0.065	+	0.026
	=	0.62

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.

PeakBirch Commerce (XCNQ:PKB) 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.

PeakBirch Commerce's Liquidation Value for the quarter that ended in Jul. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.116	-	2.698	+	0.75 * 0.038	+	0.5 * 0.065
=	-2.52

PeakBirch Commerce Total Current Assets Related Terms

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PeakBirch Commerce (XCNQ:PKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PeakBirch Commerce Inc (XCNQ:PKB) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6

Website

https://www.peakbirch.com

PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .