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LiveWire Group (LiveWire Group) Other Current Assets : $3.13 Mil (As of Mar. 2024)


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What is LiveWire Group Other Current Assets?

LiveWire Group's other current assets for the quarter that ended in Mar. 2024 was $3.13 Mil.

LiveWire Group's quarterly other current assets increased from Sep. 2023 ($1.95 Mil) to Dec. 2023 ($3.00 Mil) and increased from Dec. 2023 ($3.00 Mil) to Mar. 2024 ($3.13Mil).

LiveWire Group's annual other current assets increased from Dec. 2021 ($3.56 Mil) to Dec. 2022 ($4.63 Mil) declined from Dec. 2022 ($4.63 Mil) to Dec. 2023 ($3.00 Mil).


LiveWire Group Other Current Assets Historical Data

The historical data trend for LiveWire 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.

* Premium members only.

LiveWire Group Other Current Assets Chart

LiveWire Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Current Assets
0.23 3.56 4.63 3.00

LiveWire Group Quarterly Data
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 3.89 2.72 1.95 3.00 3.13

LiveWire Group 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.


LiveWire Group Other Current Assets Related Terms

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LiveWire Group (LiveWire Group) Business Description

Traded in Other Exchanges
Address
3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
LiveWire Group Inc is an all-electric vehicle company. It sells electric vehicles and related parts and accessories and apparel in the United States and certain international markets. The company's segment includes Electric Motorcycles and STACYC. LiveWire generates revenue from the sale of electric motorcycles, electric balance bikes, related P&A, and apparel.
Executives
Matt Tandrup other: Head of Design and Prod. Strat 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Karim Donnez officer: Chief Executive Officer 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Hiromichi Mizuno director 1-2-33-A504, KOMAZAWA, SETAGAYA, TOKYO M0 154-0012
Vance Calvin Strader officer: Chief Technical Officer 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Kjell Gruner director C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Harley-davidson Motor Co Group, Llc 10 percent owner C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Jonathan Paul Carter officer: Chief Accounting Officer C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Ryan Morrissey officer: President C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Electricsoul, Llc 10 percent owner C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Tralisa Maraj officer: Chief Financial Officer C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
Harley-davidson, Inc. 10 percent owner 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Glen Koval director C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
O'sullivan Coyne Edel M. director 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
William L Cornog director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Amanda P. Rusin officer: Chief Legal Officer 7201 METRO BLVD, MINNEAPOLIS MN 55439