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VIZIO Holding (VIZIO Holding) Other Current Assets : $57 Mil (As of Mar. 2024)


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What is VIZIO Holding Other Current Assets?

VIZIO Holding's other current assets for the quarter that ended in Mar. 2024 was $57 Mil.

VIZIO Holding's quarterly other current assets declined from Sep. 2023 ($54 Mil) to Dec. 2023 ($46 Mil) but then increased from Dec. 2023 ($46 Mil) to Mar. 2024 ($57Mil).

VIZIO Holding's annual other current assets declined from Dec. 2021 ($85 Mil) to Dec. 2022 ($53 Mil) declined from Dec. 2022 ($53 Mil) to Dec. 2023 ($46 Mil).


VIZIO Holding Other Current Assets Historical Data

The historical data trend for VIZIO Holding's Other 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.

VIZIO Holding Other Current Assets Chart

VIZIO Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial 36.28 55.50 84.80 53.50 45.90

VIZIO Holding Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other 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 Premium Member Only 55.00 56.60 54.40 45.90 56.90

VIZIO Holding Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


VIZIO Holding Other Current Assets Related Terms

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VIZIO Holding (VIZIO Holding) Business Description

Traded in Other Exchanges
Address
39 Tesla, Irvine, CA, USA, 92618
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
Executives
Michael Joseph O'donnell officer: See Remarks C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Adam R. Townsend officer: Chief Financial Officer C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502
Amtran Technology Co. Ltd. 10 percent owner 17F, NO. 268, LIAN CHEN RD., JHONGHE DISTRICT, NEW TAIPEI CITY F5 235
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Ben Bun Wong officer: President and COO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
William Wei Wang director, 10 percent owner, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
V-tw Holdings, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
David Eugene Russell director C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
William T Baxter officer: Chief Technology Officer C/O BSQUARE CORP, 3150 139TH AVENUE SE STE 500, BELLEVUE WA 98005
Vicky Free director 485 SPRINGFIELD AVENUE #8, SUMMIT NJ 07901
Theodore W Waitt 10 percent owner 801 RIVER DRIVE, NORTH SIOUX CITY SD 57049
Avalon Capital Group Ii, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
Q-run Holdings Ltd 10 percent owner NO.66-1,ZHONGSHAN ROAD,TUCHENG DISTRICT, NEW TAIPEI F5 236401
Foxconn Assembly Holding Corp 10 percent owner NO.2, ZIYOU STREET, TUCHENG DISTRICT, NEW TAIPEI CITY F5 236401