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Transportation And Logistics Systems (Transportation And Logistics Systems) Other Current Assets : $0.50 Mil (As of Sep. 2023)


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What is Transportation And Logistics Systems Other Current Assets?

Transportation And Logistics Systems's other current assets for the quarter that ended in Sep. 2023 was $0.50 Mil.

Transportation And Logistics Systems's quarterly other current assets increased from Mar. 2023 ($0.43 Mil) to Jun. 2023 ($0.55 Mil) but then declined from Jun. 2023 ($0.55 Mil) to Sep. 2023 ($0.50Mil).

Transportation And Logistics Systems's annual other current assets declined from Dec. 2020 ($0.82 Mil) to Dec. 2021 ($0.20 Mil) increased from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.61 Mil).


Transportation And Logistics Systems Other Current Assets Historical Data

The historical data trend for Transportation And Logistics Systems'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.

Transportation And Logistics Systems Other Current Assets Chart

Transportation And Logistics Systems Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.25 0.82 0.20 0.61

Transportation And Logistics Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.61 0.43 0.55 0.50

Transportation And Logistics Systems 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.


Transportation And Logistics Systems Other Current Assets Related Terms

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Transportation And Logistics Systems (Transportation And Logistics Systems) Business Description

Traded in Other Exchanges
N/A
Address
5500 Military Trail, Suite 22-357, Jupiter, FL, USA, 33458
Transportation And Logistics Systems Inc is a United States based company focused on providing integrated transportation management solution. It provides brokerage and logistics services such as transportation scheduling, routing and other value-added services related to the transportation of automobiles and other freight, which involve the use of independent contractor-owned trucks and equipment. The company generates revenue from customers contracting to transport a vehicle from location to location. Tt operates in one operating segment related to its full suite of logistics and transportation services, specializing in last mile deliveries, two-person home and commercial deliveries, mid-mile, and long-haul services.
Executives
Sebastian Giordano director, officer: Chief Executive Officer ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
Newton Norman Francis Jr. director 9208 GRAND SUMMIT BOULEVARD, DRIPPING SPRINGS TX 78620
James Paul Giordano officer: CFO 129 GLENWOOD ROAD, GLENWOOD LANDING NY 11547
Charles F Benton director 600 EAGLEVIEW BOULEVARD, SUITE 300, EXTON PA 19341
Puritan Partners Llc 10 percent owner 369 LEXINGTON AVE. 25TH FLOOR, NEW YORK NY 10017
Reddiamond Partners Llc 10 percent owner 156 WEST SADDLE RIVER ROAD, SADDLE RIVER NJ 07458
Douglas Cerny director, officer: Chief Development Officer 2123 SW 10TH AVENUE, FT. LAUDERDALE FL 33315
John Jr Mercadante director, 10 percent owner, officer: Chief Executive Officer 2700 DONALD ROSS RD., SUITE 100, PALM BEACH GARDENS FL 33410
Steven Yariv director, officer: Chief Executive Officer. 2833 EXCHANGE COURT, SUITE A, WEST PALM BEACH FL 33409
John Jay Barton director, 10 percent owner, officer: CEO 2355 WESTWOOD BLVD., APT. 257, LOS ANGELES CA 90064
Kurt Reinecke officer: Chief Operating Officer 13195 W. AUBURN PL, LAKEWOOD CO 80228
Patrick Garrett director, officer: Chief Executive Officer 6133 SW CORBETT AVENUE, PORTLAND OR 97239
Frederic D Knight director, officer: Chief Executive Officer PO BOX 231599, CENTREVILLE VA 20120
Christopher Aaron Wilson director, officer: Secretary 2 PARK PLAZA #450, IRVINE CA 92614

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