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Paybox (Paybox) Other Current Assets : $0.40 Mil (As of Dec. 2016)


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What is Paybox Other Current Assets?

Paybox's other current assets for the quarter that ended in Dec. 2016 was $0.40 Mil.

Paybox's quarterly other current assets increased from Jun. 2016 ($0.35 Mil) to Sep. 2016 ($0.48 Mil) but then declined from Sep. 2016 ($0.48 Mil) to Dec. 2016 ($0.40Mil).

Paybox's annual other current assets increased from Dec. 2014 ($0.38 Mil) to Dec. 2015 ($0.41 Mil) declined from Dec. 2015 ($0.41 Mil) to Dec. 2016 ($0.40 Mil).


Paybox Other Current Assets Historical Data

The historical data trend for Paybox'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.

Paybox Other Current Assets Chart

Paybox Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.69 0.38 0.41 0.40

Paybox Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.41 0.43 0.35 0.48 0.40

Paybox 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.


Paybox Other Current Assets Related Terms

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Paybox (Paybox) Business Description

Traded in Other Exchanges
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Address
Paybox Corp operates as a software as a service provider (SaaS) company. It provides a unified working capital management platform for Order-to-Cash and Procure-to-Pay processes. The company offers PAYBOX, an Order-to-Cash process, which streamlines the receivables processes by combining invoice presentment, online adjustments, and approvals, electronic payments, enterprise resource planning, or lockbox system to corporate users primarily through banks. In addition, it also provides Procure-to-Pay, an e-invoice management solution for accounts payable, which renders various services, including supplier self-service portal, supplier electronic invoice submission, invoice matching and workflow exception handling, invoice approval and payment, and vendor boarding and supplier services.
Executives
James A Cannavino director
Lowell Rush officer: CFO, Secretary & Treasurer C/O DIRECT INSITE CORP., 500 EAST BROWARD BOULEVARD, SUITE 1550, FORT LAUDERDALE FL 33394
Craig W Thomas director 2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Arnold P Leap officer: EVP & Chief Tech. Officer ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
M Bernard Puckett other: Former Director 1499 POST ROAD FAIRFIELD CT 06824
Michael Beecher officer: Chief Financial Officer C/O DIRECT INSITE CORP, 80 ORVILLE DRIVE, BOHEMIA NY 11716
Mechem Charles S Jr director 2803 TETON PINE DR, WILSON WY 83014
Sigma Capital Partners, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Capital Advisors, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Thom Waye 10 percent owner C/O SIGMA CAPITAL ADVISORS, LLC, 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Opportunity Fund Llc 10 percent owner 800 THIRD AVENUE SUITE 1701 NEW YORK NY 10022

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