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Total System Services (Total System Services) Other Current Assets : $134 Mil (As of Jun. 2019)


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What is Total System Services Other Current Assets?

Total System Services's other current assets for the quarter that ended in Jun. 2019 was $134 Mil.

Total System Services's quarterly other current assets increased from Dec. 2018 ($124 Mil) to Mar. 2019 ($132 Mil) and increased from Mar. 2019 ($132 Mil) to Jun. 2019 ($134Mil).

Total System Services's annual other current assets declined from Dec. 2016 ($147 Mil) to Dec. 2017 ($135 Mil) declined from Dec. 2017 ($135 Mil) to Dec. 2018 ($124 Mil).


Total System Services Other Current Assets Historical Data

The historical data trend for Total System Services'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.

Total System Services Other Current Assets Chart

Total System Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.57 87.76 147.38 135.45 124.36

Total System Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 130.31 112.65 124.36 131.78 134.17

Total System Services 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.


Total System Services Other Current Assets Related Terms

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Total System Services (Total System Services) Business Description

Traded in Other Exchanges
N/A
Address
One TSYS Way, Columbus, GA, USA, 31901-4222
Total System Services Inc based in Columbus, Georgia, provides payment-processing services in the U.S. and abroad. In 2013 TSYS provided processing services for 28% of domestic consumer credit card accounts and 59% of domestic commercial credit card accounts. The company has operating segments in North America Services, International Services, and Merchant Services, plus the newer NetSpend segment, which deals in prepaid debit and payroll cards and arrived via a 2013 acquisition.
Executives
Kriss Iii Cloninger director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Driver Walter W Jr director ONE TSYS WAY, COLUMBUS GA 31901
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
F. Thaddeus Arroyo director 208 S. AKARD, DALLAS TX 75202
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
John Thompson Turner director ONE TSYS WAY, COLUMBUS GA 31901
M Troy Woods director, officer: Chairman and CEO ONE TSYS WAY, COLUMBUS GA 31901
Paul M Todd officer: Sr. EVP and CFO ONE TSYS WAY, B-4, COLUMBUS GA 31901
Patricia A Watson officer: Senior EVP and CIO TOTAL SYSTEM SERVICES, INC., ONE TSYS WAY, COLUMBUS GA 31901
Richard A Smith director 175 PARK AVENUE, MADISON NJ 07940
Griffith G Sanders Iii officer: Sr. EVP, Gen. Counsel, Sec. ONE TSYS WAY, COLUMBUS GA 31901
Mason H Lampton director ONE TSYS WAY, C-1, COLUMBUS GA 31901
Philip W Tomlinson director ONE TSYS WAY, COLUMBUS GA 31901
William M Isaac director C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062

Total System Services (Total System Services) Headlines

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