7days Music Entertainment AG (XTER:7DM1) Total Current Assets : €2.24 Mil (As of Dec. 2012)

View and export this data going back to . Start your Free Trial

What is 7days Music Entertainment AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. 7days Music Entertainment AG's total current assets for the quarter that ended in Dec. 2012 was €2.24 Mil.

7days Music Entertainment AG Total Current Assets Historical Data

The historical data trend for 7days Music Entertainment AG'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.

* Premium members only.

7days Music Entertainment AG Total Current Assets Chart

7days Music Entertainment AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Total Current Assets

7.92

3.48

2.64

2.24

7days Music Entertainment AG Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12
Total Current Assets	7.92	3.48	2.64	2.24

7days Music Entertainment AG 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.

7days Music Entertainment AG's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.543	+	0.495	+	0.288	+	0.914
	=	2.24

7days Music Entertainment AG's Total Current Assets for the quarter that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.543	+	0.495	+	0.288	+	0.914
	=	2.24

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.

7days Music Entertainment AG (XTER:7DM1) 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.

7days Music Entertainment AG's Liquidation Value for the quarter that ended in Dec. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.543	-	3.127	+	0.75 * 0.495	+	0.5 * 0.288
=	-2.07

7days Music Entertainment AG Total Current Assets Related Terms

Thank you for viewing the detailed overview of 7days Music Entertainment AG's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

7days Music Entertainment AG (XTER:7DM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » 7days Music Entertainment AG (XTER:7DM1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.7daysmusic.de

7days Music Entertainment AG is engaged in music and entertainment industry, which includes marketing and sales of music CD, DVD, advertising, artiste management and mobile ring tones.

7days Music Entertainment AG (XTER:7DM1) Headlines

No Headlines