Vonex (ASX:VN8) Total Current Assets : A$5.38 Mil (As of Dec. 2023)

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What is Vonex Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vonex's total current assets for the quarter that ended in Dec. 2023 was A$5.38 Mil.

Vonex Total Current Assets Historical Data

The historical data trend for Vonex'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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Vonex Total Current Assets Chart

Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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4.13

6.78

5.87

6.91

5.90

Vonex Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial							11.80	6.91	8.40	5.90	5.38

Vonex 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.

Vonex's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.793	+	3.306	+	0.187	+	0.609
	=	5.90

Vonex's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.901	+	2.545	+	0	+	0.931
	=	5.38

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.

Vonex (ASX:VN8) 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.

Vonex's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.901	-	40.316	+	0.75 * 2.545	+	0.5 * 0
=	-36.51

Vonex Total Current Assets Related Terms

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Vonex (ASX:VN8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. It is organized into three operating segments. The retail segment is engaged in the sale of hardware and telecommunication services including the provision of data, internet, voice (including IP voice), and other services; the Wholesale segment is engaged in offering wholesale white-label hosted PBX services under license for Internet Service Providers, Telco's and Cloud Vendors; and Corporate segment is engaged in managing the corporate affairs of the group, and special development projects such as the Oper8tor App. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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