GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTI Consulting Inc (NYSE:FCN) » Definitions » Other Current Assets

FTI Consulting (FTI Consulting) Other Current Assets : $98 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is FTI Consulting Other Current Assets?

FTI Consulting's other current assets for the quarter that ended in Mar. 2024 was $98 Mil.

FTI Consulting's quarterly other current assets declined from Sep. 2023 ($127 Mil) to Dec. 2023 ($79 Mil) but then increased from Dec. 2023 ($79 Mil) to Mar. 2024 ($98Mil).

FTI Consulting's annual other current assets increased from Dec. 2021 ($84 Mil) to Dec. 2022 ($85 Mil) declined from Dec. 2022 ($85 Mil) to Dec. 2023 ($79 Mil).


FTI Consulting Other Current Assets Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Other Current Assets Chart

FTI Consulting 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 72.65 77.84 83.91 84.50 78.57

FTI Consulting 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 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 97.73 108.05 126.97 78.57 98.06

FTI Consulting 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.


FTI Consulting Other Current Assets Related Terms

Thank you for viewing the detailed overview of FTI Consulting's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


FTI Consulting (FTI Consulting) Business Description

Traded in Other Exchanges
Address
555 12th Street NW, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.
Executives
Holly Paul officer: Chief Human Resources Officer 6016 KINGSFORD ROAD, BETHESDA MD 20817
Ajay Sabherwal officer: Chief Financial Officer C/O FAIRPOINT COMMUNICATIONS, INC., 521 E. MOREHEAD STREET, SUITE 500, CHARLOTTE NC 28202
Paul Alderman Linton officer: Chief Strategy/Transf. Officer 5915 SONOMA ROAD, BETHESDA MD 20817
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Brenda J Bacon director 909 COMMERCE ROAD, ANNAPOLIS MD 21403
Steven Henry Gunby director, officer: President & CEO 9508 HEMSWELL PLACE, POTOMAC MD 20854
Elsy Lisa Boglioli director 555 12TH STREET NW, WASHINGTON DC 20004
Curtis P Lu officer: General Counsel 1203 STONNELL PLACE, ALEXANDRIA VA 22302
Vernon James Ellis director 49 QUEENS GATE TERRACE, LONDON X0 SW7 5PN
Claudio Costamagna director VIA SEBETO 4, MILANO L6 20123
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Nicole S Jones director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Nicholas C Fanandakis director 1007 MARKET STREET, WILMINGTON DE 19898
Gerard E Holthaus director 3129 BLENDON ROAD, OWINGS MILLS MD 21117
Brendan J Keating officer: CAO and Controller C/O FTI CONSULTING INC, 555 12TH STREET NW, WASHINGTON DC 20004