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Gannett Co's other current assets for the quarter that ended in Dec. 2023 was $51 Mil.
Gannett Co's quarterly other current assets declined from Jun. 2023 ($96 Mil) to Sep. 2023 ($67 Mil) and declined from Sep. 2023 ($67 Mil) to Dec. 2023 ($51Mil).
Gannett Co's annual other current assets declined from Dec. 2021 ($80 Mil) to Dec. 2022 ($79 Mil) declined from Dec. 2022 ($79 Mil) to Dec. 2023 ($51 Mil).
The historical data trend for Gannett Co'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.
Gannett Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 129.46 | 116.58 | 80.11 | 78.88 | 51.17 |
Gannett Co 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 | 78.88 | 69.44 | 95.54 | 67.43 | 51.17 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Gannett Co's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Laurence Tarica | director | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Michael Reed | director, officer: Chief Executive Officer | C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Cindy Gallagher | officer: CAO and PAO | C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107 |
Amy Reinhard | director | C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107 |
John Jeffry Louis | director | C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107 |
Vinayak Hegde | director | 9785 S. MONROE STREET, SUITE 300, SANDY UT 84070 |
Debra A. Sandler | director | KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803 |
Theodore Peter Janulis | director | C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Mayur Gupta | director | 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105 |
Paul J Bascobert | officer: CEO of Gannett Media Corp. | 20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610 |
Douglas Edward Horne | officer: CFO and CAO | ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Maria M Miller | director | C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220 |
Barbara W. Wall | director | C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107 |
Kevin M Sheehan | director | DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220 |
Alison K Engel | officer: Chief Financial Officer | 400 SOUTH RECORD STREET, DALLAS TX 75202 |
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