GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Crexendo Inc (NAS:CXDO) » Definitions » Other Current Assets

Crexendo (Crexendo) Other Current Assets : $1.89 Mil (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Crexendo Other Current Assets?

Crexendo's other current assets for the quarter that ended in Dec. 2023 was $1.89 Mil.

Crexendo's quarterly other current assets declined from Jun. 2023 ($4.87 Mil) to Sep. 2023 ($2.72 Mil) and declined from Sep. 2023 ($2.72 Mil) to Dec. 2023 ($1.89Mil).

Crexendo's annual other current assets increased from Dec. 2021 ($1.08 Mil) to Dec. 2022 ($1.95 Mil) declined from Dec. 2022 ($1.95 Mil) to Dec. 2023 ($1.89 Mil).


Crexendo Other Current Assets Historical Data

The historical data trend for Crexendo'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.

Crexendo Other Current Assets Chart

Crexendo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.71 1.08 1.95 1.89

Crexendo 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 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 1.95 4.38 4.87 2.72 1.89

Crexendo 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.


Crexendo Other Current Assets Related Terms

Thank you for viewing the detailed overview of Crexendo's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Crexendo (Crexendo) Business Description

Traded in Other Exchanges
N/A
Address
1615 South 52nd Street, Tempe, AZ, USA, 85281
Crexendo Inc is a provider of cloud communications, UCaaS, call center, collaboration services, and other cloud business services. The company operates through two segments: Cloud telecommunications and Software Solutions. Its cloud telecommunications segment offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over any high-speed Internet connection. The Software Solutions segment is involved in revenue generation from software licenses, software maintenance support and professional services. It generates subscription and maintenance support revenue from customer support and other supportive services. The company offers warranties on its products. It derives a majority of revenue from the Cloud telecommunications segment.
Executives
Jon Brinton officer: Chief Revenue Officer 350 LEGGET DRIVE, OTTAWA A5 K2K 2W7
Anil K. Puri director 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Jeffrey G Korn officer: Chief Legal Officer 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Steven G Mihaylo 10 percent owner 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Jeffrey Parr Bash director 11 AMY DRIVE, WESTFIELD NJ 07090
Todd Andrew Goergen director 1615 SOUTH 52ND STREET, TEMPE AZ 85281
David Tzat-kin Wang officer: Chief Technology Officer 1615 S 52ND ST, TEMPE AZ 85281
Douglas Walter Gaylor officer: Chief Operating Officer 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Anand Buch officer: Chief Strategy Officer 1615 S 52ND ST, TEMPE AZ 85281
Ron Vincent officer: Chief Financial Officer 1615 SOUTH 52ND STREET, TEMPE AZ 85281
David Roy Williams director PO BOX 7019, INCLINE VILLAGE NV 89450
Jonathan Richard Erickson officer: Chief Financial Officer 1615 SOUTH 52ND STREET, TEMPE AZ 85281
Satish Bhagavatula officer: Chief Technology Officer 1615 SOUTH 52ND STREET, TEMPE AZ 85281
David Lynn Rosenvall officer: Chief Technology Officer 754 E TECHNOLOGY AVE, OREM UT 84097
Clint Sanderson other: Sr. VP -Storesonline 1303 NORTH RESEARCH WAY, OREM X1 84097