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Asure Software's other current assets for the quarter that ended in Mar. 2024 was $244.0 Mil.
Asure Software's quarterly other current assets increased from Sep. 2023 ($176.4 Mil) to Dec. 2023 ($222.5 Mil) and increased from Dec. 2023 ($222.5 Mil) to Mar. 2024 ($244.0Mil).
Asure Software's annual other current assets declined from Dec. 2021 ($230.9 Mil) to Dec. 2022 ($213.9 Mil) increased from Dec. 2022 ($213.9 Mil) to Dec. 2023 ($222.5 Mil).
The historical data trend for Asure Software'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.
Asure Software Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 129.37 | 323.94 | 230.85 | 213.89 | 222.55 |
Asure Software Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | 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 | 228.54 | 190.48 | 176.41 | 222.55 | 244.00 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Asure Software's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Goepel | director, officer: Chief Executive Officer | 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428 |
Eyal Goldstein | officer: Chief Revenue Officer | 18154 SWEET ELM DRIVE, ENCINO CA 91316 |
Bradford Scovill Oberwager | director | 340 S. LEMON AVE. #5445, WALNUT CA 91789 |
Bjorn Reynolds | director | 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746 |
Ben F Allen | director | C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746 |
Grace G. Lee | director | C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123 |
William Carl Drew | director | 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746 |
John F Pence | officer: Chief Financial Officer | C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746 |
James Powers | officer: Chief Financial Officer | 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758 |
Red Oak Partners, Llc | director | 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432 |
Daniel M Gill | director | 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201 |
Kelyn Brannon | officer: Chief Financial Officer | 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704 |
Lathrop Charles W Jr | director | 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746 |
John Randall Waterfield | director | 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005 |
David Sandberg | director | 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432 |
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