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Maiden Lane Jewelry (Maiden Lane Jewelry) Other Current Assets : $0.36 Mil (As of Nov. 2015)


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What is Maiden Lane Jewelry Other Current Assets?

Maiden Lane Jewelry's other current assets for the quarter that ended in Nov. 2015 was $0.36 Mil.

Maiden Lane Jewelry's quarterly other current assets increased from May. 2015 ($0.31 Mil) to Aug. 2015 ($0.33 Mil) and increased from Aug. 2015 ($0.33 Mil) to Nov. 2015 ($0.36Mil).

Maiden Lane Jewelry's annual other current assets increased from May. 2013 ($0.05 Mil) to May. 2014 ($0.15 Mil) increased from May. 2014 ($0.15 Mil) to May. 2015 ($0.31 Mil).


Maiden Lane Jewelry Other Current Assets Historical Data

The historical data trend for Maiden Lane Jewelry'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.

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Maiden Lane Jewelry Other Current Assets Chart

Maiden Lane Jewelry Annual Data
Trend May13 May14 May15
Other Current Assets
0.05 0.15 0.31

Maiden Lane Jewelry Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.19 0.31 0.33 0.36

Maiden Lane Jewelry 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.


Maiden Lane Jewelry Other Current Assets Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Traded in Other Exchanges
N/A
Address
64 West 48th Street, Suite 1107, New York, NY, USA, 10036
Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.
Executives
Michael I Wirth officer: CEO 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

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