GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Video Display Corp (OTCPK:VIDE) » Definitions » Other Current Assets

Video Display (Video Display) Other Current Assets : $0.24 Mil (As of Nov. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Video Display Other Current Assets?

Video Display's other current assets for the quarter that ended in Nov. 2023 was $0.24 Mil.

Video Display's quarterly other current assets declined from May. 2023 ($0.27 Mil) to Aug. 2023 ($0.07 Mil) but then increased from Aug. 2023 ($0.07 Mil) to Nov. 2023 ($0.24Mil).

Video Display's annual other current assets increased from Feb. 2021 ($0.28 Mil) to Feb. 2022 ($0.30 Mil) declined from Feb. 2022 ($0.30 Mil) to Feb. 2023 ($0.21 Mil).


Video Display Other Current Assets Historical Data

The historical data trend for Video Display'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.

Video Display Other Current Assets Chart

Video Display Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.41 0.28 0.30 0.21

Video Display Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.37 0.21 0.27 0.07 0.24

Video Display 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.


Video Display Other Current Assets Related Terms

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


Video Display (Video Display) Business Description

Traded in Other Exchanges
N/A
Address
5155 King Street, Cocoa, FL, USA, 32926
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
Executives
Ronald D Ordway director, 10 percent owner, officer: CEO 1868 TUCKER INDL RD, TUCKER GA 30084
Jonathan R Ordway 10 percent owner
David Saunders Cooper director 2476 OLDFIELD ROAD NW, ATLANTA GA 30327
Lusby Roger Winfield Iii director 5604 BAHIA MAR CIRCLE, STONE MOUNTAIN GA 30087
Gregory Lee Osborn director, officer: Chief Financial Officer 1374 CARRINGTON WAY, LAWRENCEVILLE GA 30044
David Allen Heiden officer: President & COO 6078 WINDSONG WAY, STONE MOUNTAIN GA 30087
Ervin Kuczogi director P O BOX 353, WHITE MILLS PA 18473
Michael Delen Boyd officer: CFO 1451 BEVERLY DRIVE, ATHENS GA 30606
Thibeault Ernest Joseph Iii director 603 OLD MAMMOTH ROAD, LONDONDERRY NH 03053
Carolyn C Howard director 279 MOUNTAIN ROAD, JAFFREY NH 03452
Carleton E Sawyer director C/O VIDEO DISPLAY CORP, 13 PINE RIDGE RD, LOUDON NH 03307-0830
Murray G Fox director, officer: CEO - Fox International, Ltd
Carol D Franklin officer: CFO
Peter Frend director 1107 LIBERTY SQUARE RD, BOXBOROUGH MA 01719

Video Display (Video Display) Headlines

From GuruFocus

Video Display Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 10-15-2009

Video Display Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 10-15-2010

Video Display Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 01-14-2011

Video Display Corp. (vide) CEO Ronald D Ordway buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 08-09-2010

Video Display Corp. (vide) CEO Ronald D Ordway buys 3,530 Shares

By GuruFocus Research GuruFocus Editor 09-29-2010

Video Display Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 07-19-2010

Video Display Corp. Reports Operating Results (10-K)

By gurufocus 10qk 05-28-2010

Video Display Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 01-14-2010