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Commercial Vehicle Group's other current assets for the quarter that ended in Mar. 2024 was $36.8 Mil.
Commercial Vehicle Group's quarterly other current assets declined from Sep. 2023 ($29.9 Mil) to Dec. 2023 ($27.9 Mil) but then increased from Dec. 2023 ($27.9 Mil) to Mar. 2024 ($36.8Mil).
Commercial Vehicle Group's annual other current assets declined from Dec. 2021 ($20.2 Mil) to Dec. 2022 ($12.6 Mil) increased from Dec. 2022 ($12.6 Mil) to Dec. 2023 ($27.9 Mil).
The historical data trend for Commercial Vehicle Group'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.
Commercial Vehicle Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 18.49 | 17.69 | 20.20 | 12.58 | 27.86 |
Commercial Vehicle Group 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 | 20.11 | 22.18 | 29.89 | 27.86 | 36.79 |
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 Commercial Vehicle Group's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Melanie K. Cook | director | 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224 |
Roger L Fix | director | |
Chung Kin Cheung | officer: EVP & CFO | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Aneezal H Mohamed | officer: General Counsel, Cmp Ofc & Sec | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Richard Iii Tajer | officer: SVP & Chief Commercial Officer | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Kristin S Mathers | officer: Chief HR Officer | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Christopher H Bohnert | officer: CFO & Chief Accounting Officer | 2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214 |
Harold C Bevis | director | 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615 |
J Michael Nauman | director | C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532 |
Ruth Gratzke | director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Angela M O'leary | other: VP, Controller & Ch Acct Offcr | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Edmund S Carney | officer: Interim CFO | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Ray James R Jr | director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Bowen Douglas F Jr. | officer: SVP & Managing Director | COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054 |
Janice E Stipp | director | 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301 |
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