Softchoice (TSX:SFTC) Total Current Assets : C$417 Mil (As of Mar. 2024)

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What is Softchoice Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Softchoice's total current assets for the quarter that ended in Mar. 2024 was C$417 Mil.

Softchoice Total Current Assets Historical Data

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

Softchoice Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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358.54

462.10

539.68

536.31

520.70

Softchoice Quarterly Data
	Jun12	Sep12	Dec12	Mar13	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															499.79	523.83	476.44	520.70	417.49

Softchoice 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	23.305	+	469.356	+	0.733	+	27.302
	=	521

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	15.06	+	373.109	+	0.043	+	29.273
	=	417

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.

Softchoice (TSX:SFTC) 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.

Softchoice'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)
=	15.06	-	851.458	+	0.75 * 337.649	+	0.5 * 0.043
=	-583

Softchoice Total Current Assets Related Terms

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Softchoice (TSX:SFTC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Softchoice Corp (TSX:SFTC) » Definitions » Total Current Assets

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SFTCF:USA

Address

173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7

Website

https://www.softchoice.com

Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.

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