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Angi (ANGI) Other Current Assets : $72 Mil (As of Dec. 2023)


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What is Angi Other Current Assets?

Angi's other current assets for the quarter that ended in Dec. 2023 was $72 Mil.

Angi's quarterly other current assets increased from Jun. 2023 ($62 Mil) to Sep. 2023 ($72 Mil) and increased from Sep. 2023 ($72 Mil) to Dec. 2023 ($72Mil).

Angi's annual other current assets increased from Dec. 2021 ($71 Mil) to Dec. 2022 ($91 Mil) declined from Dec. 2022 ($91 Mil) to Dec. 2023 ($72 Mil).


Angi Other Current Assets Historical Data

The historical data trend for Angi'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.

Angi Other Current Assets Chart

Angi 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 67.76 71.96 70.55 91.08 72.08

Angi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 91.08 66.57 62.28 71.70 72.08

Angi 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.


Angi Other Current Assets Related Terms

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Angi (ANGI) Business Description

Traded in Other Exchanges
Address
3601 Walnut Street, Denver, CO, USA, 80205
Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.
Executives
Kulesh Shanmugasundaram officer: Chief Technology Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Pickett Thomas Corning Jr director 1315 ELDER AVENUE, MENLO PARK CA 94025
David Elias Fleischman officer: Chief Product Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Hicks Bowman Angela R. director C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANAPOLIS IN 46202
Andrew Russakoff officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Jeremy Philips director C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Sandra Hurse director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Umang Dua officer: CRO - Services C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Bryan Ellis officer: CRO - Ads and Leads C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Dhanusha Sivajee officer: CMO 600 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey W Pedersen officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Allison Lowrie officer: CMO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401
Kendall Handler director IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Oisin Hanrahan officer: CPO ANGI HOMESERVICES INC., 3601 WALNUT STREET, DENVER CO 80205
Craig M. Smith officer: President & COO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401