GURUFOCUS.COM » STOCK LIST » Technology » Software » Kaspien Holdings Inc (OTCPK:KSPN) » Definitions » Other Current Assets

Kaspien Holdings (Kaspien Holdings) Other Current Assets : $1.6 Mil (As of Oct. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Kaspien Holdings Other Current Assets?

Kaspien Holdings's other current assets for the quarter that ended in Oct. 2023 was $1.6 Mil.

Kaspien Holdings's quarterly other current assets increased from Apr. 2023 ($1.5 Mil) to Jul. 2023 ($1.8 Mil) but then declined from Jul. 2023 ($1.8 Mil) to Oct. 2023 ($1.6Mil).

Kaspien Holdings's annual other current assets increased from Jan. 2021 ($1.7 Mil) to Jan. 2022 ($1.8 Mil) increased from Jan. 2022 ($1.8 Mil) to Jan. 2023 ($3.0 Mil).


Kaspien Holdings Other Current Assets Historical Data

The historical data trend for Kaspien Holdings'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.

Kaspien Holdings Other Current Assets Chart

Kaspien Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 55.11 1.75 1.81 2.96

Kaspien Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.86 2.96 1.46 1.78 1.58

Kaspien Holdings 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.


Kaspien Holdings Other Current Assets Related Terms

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


Kaspien Holdings (Kaspien Holdings) Business Description

Traded in Other Exchanges
Address
2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216
Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.
Executives
Tom Simpson director 38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk officer: Interim Chief Executive Office PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra officer: CEO - etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus director 100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings director 38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza officer: Chief Financial Officer 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin director 78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii 10 percent owner
Robert J Higgins director, 10 percent owner, officer: Chairman and CEO C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett officer: CEO, etailz 38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust 10 percent owner 38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz officer: Chief Digital and Mktg Officer 38 CORPORATE CIRCLE, ALBANY NY 12033