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Beam Global (Beam Global) Other Current Assets : $2.22 Mil (As of Mar. 2024)


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What is Beam Global Other Current Assets?

Beam Global's other current assets for the quarter that ended in Mar. 2024 was $2.22 Mil.

Beam Global's quarterly other current assets declined from Sep. 2023 ($2.65 Mil) to Dec. 2023 ($2.34 Mil) and declined from Dec. 2023 ($2.34 Mil) to Mar. 2024 ($2.22Mil).

Beam Global's annual other current assets increased from Dec. 2021 ($0.15 Mil) to Dec. 2022 ($1.54 Mil) increased from Dec. 2022 ($1.54 Mil) to Dec. 2023 ($2.34 Mil).


Beam Global Other Current Assets Historical Data

The historical data trend for Beam Global'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.

Beam Global Other Current Assets Chart

Beam Global 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 0.15 0.31 0.15 1.54 2.34

Beam Global 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 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 2.82 2.83 2.65 2.34 2.22

Beam Global 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.


Beam Global Other Current Assets Related Terms

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Beam Global (Beam Global) Business Description

Traded in Other Exchanges
Address
5660 Eastgate Drive, San Diego, CA, USA, 92121
Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities, and keep people moving.
Executives
Desmond C Wheatley officer: President and CEO 3809 VIA REPOSO, RANCHO SANTA FE CA 92091
Townsend Battery Partners, Llc 10 percent owner 11311 MCCORMICK ROAD, SUITE 470, HUNT VALLEY MD 21031
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Peter Warner Davidson director 43 PIERREPONT ST., BROOKLYN NY 11201
Nancy C Floyd director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Katherine H Mcdermott officer: Chief Financial Officer 5660 EASTGATE DRIVE, SAN DIEGO CA 92121
Robert C Schweitzer director 1441 SW 29TH AVENUE, POMPANO BEACH FL 33069
Keshif Ventures, Llc 10 percent owner 11512 EL CAMINO REAL, SUITE 340, SAN DIEGO CA 92130
Paul Feller director 8439 SUNSET BLVD., 2ND FLOOR, WEST HOLLYWOOD CA 90069
Jay S Potter director 10509 VISTA SORRENTO PKWY, SUITE 300, SAN DIEGO CA 92121
Chris Caulson officer: Chief Financial Officer 4525 GRANGER STREET, SAN DIEGO CA 92107
John M Evey director 7683 MARKER ROAD, SAN DIEGO CA 92130
Robert L Noble director, 10 percent owner, officer: Chief Executive Officer 150 HUMMINGBIRD HILL, ENCINITAS CA 92024

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