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TSR (TSRI) Other Current Assets : $0.43 Mil (As of Feb. 2024)


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What is TSR Other Current Assets?

TSR's other current assets for the quarter that ended in Feb. 2024 was $0.43 Mil.

TSR's quarterly other current assets increased from Aug. 2023 ($0.28 Mil) to Nov. 2023 ($0.50 Mil) but then declined from Nov. 2023 ($0.50 Mil) to Feb. 2024 ($0.43Mil).

TSR's annual other current assets declined from May. 2021 ($0.25 Mil) to May. 2022 ($0.22 Mil) increased from May. 2022 ($0.22 Mil) to May. 2023 ($0.25 Mil).


TSR Other Current Assets Historical Data

The historical data trend for TSR'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.

TSR Other Current Assets Chart

TSR Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.20 0.25 0.22 0.25

TSR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.34 0.25 0.28 0.50 0.43

TSR 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.


TSR Other Current Assets Related Terms

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TSR (TSRI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
400 Oser Avenue, Suite 150, Hauppauge, NY, USA, 11788
TSR Inc is primarily engaged in the business of providing contract computer programming services to its customers. The company offers technical computer personnel to supplement its in-house information technology capabilities. It also gives staffing capabilities in the areas of mainframe and mid-range computer operations, personal computers and client-server support, internet and e-commerce operations, voice and data communications and helps desk support. Additionally, the company renders services on day-to-day operations, special projects, and on a short-term or long-term basis. It caters to various industries such as insurance, pharmaceutical and biotechnology, publishing and new media, financial services and project utilities.
Executives
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Robert E Fitzgerald director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002
Fintech Consulting, Llc 10 percent owner 120 S WOOD AVE, SUITE 300, ISELIN NJ 08830
Thomas C Salerno officer: Chief Executive Officer 600 WEST SADDLE RIVER ROAD, UPPER SADDLE RIVER NJ 07548
Ira Cohen director
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Joseph Pennacchio director
Kelly William J. Jr. director 11 CARNEGIE AVENUE, COLD HARBOR NY 11724
Joseph F Hughes director, 10 percent owner, officer: President and CEO C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788
Winifred Hughes 10 percent owner 1278 RIDGE ROAD, LAUREL HOLLOW NY 11791
Eric M Stein director 15 HIGHLAND PLACE, BABYLON NY 11702
Regina Dowd director 275 FLINTLOCK ROAD, SOUTHPORT CT 06890
Brian Mangan director 45 DUNE COURT, NORTHPORT NY 11768
Christopher J Hughes director C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788

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