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Werner Enterprises (Werner Enterprises) Other Current Assets : $84 Mil (As of Dec. 2023)


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What is Werner Enterprises Other Current Assets?

Werner Enterprises's other current assets for the quarter that ended in Dec. 2023 was $84 Mil.

Werner Enterprises's quarterly other current assets increased from Jun. 2023 ($76 Mil) to Sep. 2023 ($109 Mil) but then declined from Sep. 2023 ($109 Mil) to Dec. 2023 ($84Mil).

Werner Enterprises's annual other current assets increased from Dec. 2021 ($81 Mil) to Dec. 2022 ($92 Mil) declined from Dec. 2022 ($92 Mil) to Dec. 2023 ($84 Mil).


Werner Enterprises Other Current Assets Historical Data

The historical data trend for Werner Enterprises'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.

Werner Enterprises Other Current Assets Chart

Werner Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.61 50.93 80.91 92.16 84.41

Werner Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 92.16 74.86 75.85 108.60 84.41

Werner Enterprises 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.


Werner Enterprises Other Current Assets Related Terms

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Werner Enterprises (Werner Enterprises) Business Description

Traded in Other Exchanges
Address
14507 Frontier Road, Post Office Box 45308, Omaha, NE, USA, 68145-0308
Werner Enterprises Inc ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner-operators. The company has two reportable segments - TTS and Werner Logistics. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage; roughly 20% comes from non-asset based logistics operations, including truck brokerage.
Executives
Michelle D. Greene director 1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Christopher D Wikoff officer: Exec VP - Treasurer & CFO P.O. BOX 45308, OMAHA NE 68145
Eric J Downing officer: Exec VP and COO P.O. BOX 45308, OMAHA NE 68145
Carmen A Tapio director P.O. BOX 45308, OMAHA NE 68145
Michelle Dye Livingstone director P.O. BOX 45308, OMAHA NE 68145
Scott C Arves director SCHNEIDER NATIONAL, INC., P.O. BOX 2545, GREEN BAY WI 54306
Alexi Wellman director ALTABA, 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK NY 10017
Vikram Mansharamani director P.O. BOX 45308, OMAHA NE 68145
Jim S Schelbe officer: Vice President - Sales C/O WERNER ENTERPRISES INC, PO BO X45308, OMAHA NE 68415-0308
H Marty Nordlund officer: Senior VP-Specialized Services PO BOX 45308, OMAHA NE 68145-0308
Derek J Leathers officer: Senior VP - Van PO BOX 45308, OMAHA NE 68145-0308
Craig T Callahan officer: VP Logistics & Corporate Sales P.O. BOX 45308, OMAHA NE 68145
Clarence L Werner director, 10 percent owner, officer: Chief Executive Officer PO BOX 45308, OMAHA NE 68145
Daragh P Mahon officer: Executive Vice President & CIO P.O. BOX 45308, OMAHA NE 68145
James Lynn Johnson officer: Vice President - Controller PO BOX 45308, OMAHA NE 68145-0308