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Proterra (Proterra) Other Current Assets : $63.8 Mil (As of Sep. 2023)


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What is Proterra Other Current Assets?

Proterra's other current assets for the quarter that ended in Sep. 2023 was $63.8 Mil.

Proterra's quarterly other current assets declined from Mar. 2023 ($53.9 Mil) to Jun. 2023 ($50.1 Mil) but then increased from Jun. 2023 ($50.1 Mil) to Sep. 2023 ($63.8Mil).

Proterra's annual other current assets increased from Dec. 2020 ($17.9 Mil) to Dec. 2021 ($29.2 Mil) increased from Dec. 2021 ($29.2 Mil) to Dec. 2022 ($67.8 Mil).


Proterra Other Current Assets Historical Data

The historical data trend for Proterra'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.

Proterra Other Current Assets Chart

Proterra Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Other Current Assets
- 17.89 29.22 67.76

Proterra Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 44.41 67.76 53.92 50.10 63.78

Proterra 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.


Proterra Other Current Assets Related Terms

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Proterra (Proterra) Business Description

Traded in Other Exchanges
N/A
Address
1815 Rollins Road, Burlingame, CA, USA, 94010
Proterra Inc is a developer and producer of zero-emission electric vehicle and EV technology solutions for commercial applications. The company designs, develops, manufactures, and sells electric transit buses as an original equipment manufacturer for North American public transit agencies, airports, universities, and other commercial transit fleets. It also designs, develops, manufactures, sells, and integrates proprietary battery systems and electrification solutions for commercial vehicle manufacturers. Additionally, Proterra provides fleet-scale, high-power charging solutions for its customers. Geographically, it derives a majority of its revenue from the United States.
Executives
Gareth T Joyce director, officer: CEO and President C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeffrey Donald Embt officer: Chief Accounting Officer 7330 SANTORINI LANE, CHARLOTTE NC 28277
Christopher L Bailey officer: President, Powered & Energy C/O PROTERRA INC., 1815 ROLLINS ROAD, BURLINGAME CA 94010
Julian R Soell officer: President, Proterra Transit C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
David S Black officer: Chief Financial Officer 800 MAIN STREET, LYNCHBURG VA 24504
Joann Covington officer: Chief Legal Officer, Secy PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Karina F Padilla director C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jan Hauser director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nielsen M Roger director C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
Andrew J Cederoth officer: Interim CFO C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joshua P Ensign officer: Chief Operating Officer C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeannine P Sargent director C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Michael David Smith director C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joan Robinson-berry director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175

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