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Stride (Stride) Other Current Assets : $234 Mil (As of Mar. 2024)


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What is Stride Other Current Assets?

Stride's other current assets for the quarter that ended in Mar. 2024 was $234 Mil.

Stride's quarterly other current assets increased from Sep. 2023 ($174 Mil) to Dec. 2023 ($205 Mil) and increased from Dec. 2023 ($205 Mil) to Mar. 2024 ($234Mil).

Stride's annual other current assets increased from Jun. 2021 ($62 Mil) to Jun. 2022 ($107 Mil) increased from Jun. 2022 ($107 Mil) to Jun. 2023 ($154 Mil).


Stride Other Current Assets Historical Data

The historical data trend for Stride'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.

Stride Other Current Assets Chart

Stride Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.95 24.54 62.46 106.58 153.95

Stride 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 135.58 153.95 174.30 205.34 233.67

Stride 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.


Stride Other Current Assets Related Terms

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Stride (Stride) Business Description

Traded in Other Exchanges
Address
11720 Plaza America, 9th Floor, Reston, VA, USA, 20190
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
Executives
Robert Cohen director 7900 HARKINS ROAD, LANHAM MD 20706
Eliza Mcfadden director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Les Ottolenghi officer: Chief Info. & Tech. Officer ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Vincent Mathis officer: EVP, General Counsel 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
James Jeaho Rhyu director, officer: Chief Executive Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Donna Blackman officer: Chief Financial Officer 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Ralph R Smith director 1615 WEST CHESTER PIKE, STE 200, WEST CHESTER PA 19382-7956
Allison Lawrence director 11720 PLAZA AMERICA DRIVE, 9TH FLOOR, RESTON VA 20190
Joseph A Verbrugge director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Nathaniel A Davis director, officer: Chairman and CEO 1500 ECKINGTON PLACE NE, WASHINGTON DC 20002
Shaun Mcalmont officer: EVP, Career Technical Ed. C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Kevin Chavous director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Timothy Medina officer: Chief Financial Officer 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Howard D. Polsky officer: General Counsel & Secretary 2300 CORPORATE PARK DRIVE, HERNDON VA 20171