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Owens & Minor's other current assets for the quarter that ended in Dec. 2023 was $151 Mil.
Owens & Minor's quarterly other current assets increased from Jun. 2023 ($135 Mil) to Sep. 2023 ($148 Mil) and increased from Sep. 2023 ($148 Mil) to Dec. 2023 ($151Mil).
Owens & Minor's annual other current assets increased from Dec. 2021 ($89 Mil) to Dec. 2022 ($129 Mil) increased from Dec. 2022 ($129 Mil) to Dec. 2023 ($151 Mil).
The historical data trend for Owens & Minor'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.
Owens & Minor Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 519.36 | 118.26 | 88.56 | 128.64 | 150.89 |
Owens & Minor 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 | 128.64 | 155.40 | 135.41 | 148.05 | 150.89 |
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 Owens & Minor's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Jonathan A Leon | officer: SVP, Corporate Treasurer | OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Perry A Bernocchi | officer: EVP & CEO Patient Direct | OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Heath H Galloway | officer: EVP,General Counsel & CorpSecy | OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Alexander J Bruni | officer: EVP, CFO | OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Edward A Pesicka | director, officer: President & CEO | 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Michael Wayne Lowry | other: & Interim Chief Acctg Officer | 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116 |
Snehashish Sarkar | other: Chief Information Officer | OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Robert J Henkel | director | C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Carissa Rollins | director | 5200 ILLUMINA WAY, SAN DIEGO CA 92122 |
Tammy L Gomez | officer: EVP, CHRO | OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116 |
Jeffrey T Jochims | officer: EVP, Strategy & Solutions | OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Rita Johnson-mills | director | C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027 |
Teresa L. Kline | director | C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025 |
Gwendolyn M Bingham | director | C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116 |
Daniel J Starck | officer: EVP, Pres. Patient Direct, other: & CEO, Apria | CORVEL CORPORATION, 2010 MAIN STREET, SUITE 600, IRVINE CA 92614 |
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