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ACV Auctions (ACV Auctions) Total Current Assets : $696.2 Mil (As of Mar. 2024)


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What is ACV Auctions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ACV Auctions's total current assets for the quarter that ended in Mar. 2024 was $696.2 Mil.


ACV Auctions Total Current Assets Historical Data

The historical data trend for ACV Auctions'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.

ACV Auctions Total Current Assets Chart

ACV Auctions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
268.20 354.41 857.41 754.77 706.90

ACV Auctions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 831.25 751.66 741.73 706.90 696.23

ACV Auctions 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.

ACV Auctions's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

ACV Auctions's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.


ACV Auctions  (NAS:ACVA) 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.

ACV Auctions's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=341.476-586.373+0.75 * 219.305+0.5 * 0
=-80.4

* 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.


ACV Auctions Total Current Assets Related Terms

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ACV Auctions (ACV Auctions) Business Description

Traded in Other Exchanges
N/A
Address
640 Ellicott Street, Suite 321, Buffalo, NY, USA, 14203
ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.
Executives
William Zerella officer: Chief Financial Officer C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Michael Waterman officer: Chief Sales Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Craig Eric Anderson officer: CCDSO and Chief Legal Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
George Chamoun director, officer: Chief Executive Officer C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Bessemer Venture Partners Ix L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Vikas Mehta officer: Chief Operating Officer C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Kirsten Castillo director 5 GREAT VALLEY PARKWAY, SUITE 160, MALVERN PA 19355
Brian Hirsch director C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Robert P Goodman director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Leanne Fitzgerald officer: Chief Legal Officer 1 WAYSIDE ROAD, BURLINGTON MA 01803
Bessemer Venture Partners Ix Institutional L.p. 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. Ltd. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
15 Angels Iii Llc 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538