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Accuride (Accuride) Other Current Assets : $8.2 Mil (As of Sep. 2016)


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What is Accuride Other Current Assets?

Accuride's other current assets for the quarter that ended in Sep. 2016 was $8.2 Mil.

Accuride's quarterly other current assets increased from Mar. 2016 ($7.8 Mil) to Jun. 2016 ($8.4 Mil) but then declined from Jun. 2016 ($8.4 Mil) to Sep. 2016 ($8.2Mil).

Accuride's annual other current assets declined from Dec. 2013 ($17.0 Mil) to Dec. 2014 ($13.5 Mil) declined from Dec. 2014 ($13.5 Mil) to Dec. 2015 ($8.4 Mil).


Accuride Other Current Assets Historical Data

The historical data trend for Accuride'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.

Accuride Other Current Assets Chart

Accuride Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 10.18 16.99 13.47 8.40

Accuride Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 11.19 8.40 7.85 8.39 8.18

Accuride 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.


Accuride Other Current Assets Related Terms

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Accuride (Accuride) Business Description

Traded in Other Exchanges
N/A
Address
Accuride Corp is a Delaware corporation, and a corporation formed under the laws of the province of Ontario, Canada, and a wholly owned subsidiary of Accuride, were incorporated in November 1986 for the purpose of acquiring all of the assets and assuming certain of the liabilities of Firestone Steel Products, a division of The Firestone Tire & Rubber Company. The Company is one of the manufacturers and suppliers of commercial vehicle components in North America. Its products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and ductile and gray iron castings. It markets its products under some of the recognized brand names in the industry, including Accuride, Gunite, Imperial, and Brillion. Its main product lines are standard equipment used by a majority of North American heavy- and medium-duty truck OEMs. The Company's business consists of three operating segments that design, manufacture, and distribute components for the commercial vehicle market, including heavy- and medium-duty trucks, commercial trailers, light trucks, buses, as well as specialty and military vehicles and their related aftermarket channels and for the global industrial, mining and construction markets. The Wheels segment's products consist of steel and aluminum wheels. The Gunite segment's products consist of wheel-end components and assemblies. The Brillion Iron Works segment's products consist of ductile, austempered ductile and gray iron castings, including engine and transmission components and industrial components. The Company designs, produces, and markets one of the broadest portfolios of commercial vehicle components in the industry. It classifies its products under several categories, including wheels, wheel-end components and assemblies, and ductile and gray iron castings. The Company markets its components to major North American heavy- and medium-duty truck and commercial trailer OEMs, as well as to the major aftermarket participants, including OEM dealer networks, wholesale distributors, and aftermarket buying groups. The Company's competitors in the wheel markets include Alcoa Inc. and Maxion Wheels. Its competitors in the wheel-ends and assemblies markets for heavy- and medium-duty trucks and commercial trailers are KIC Holdings, Inc., Meritor, Inc., Consolidated Metco Inc., and Webb Wheel Products Inc. The Company's registered trademark include Accuride, Brillion, and Gunite. The Company's operations, facilities, and properties are subject to extensive and evolving laws and regulations pertaining to air emissions, wastewater and stormwater discharges, the handling and disposal of solid and hazardous materials and wastes, the investigation and remediation of contamination, and otherwise relating to health, safety, and the protection of the environment and natural resources.
Executives
Richard F Dauch director, officer: President & CEO C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Lewis M Kling director 31515 BALLANTYNE CORP, C/O SPX CORP, CHARLOTTE NC 28277
Robin J Adams director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Littlejohn Associates Iv, L.l.c. 10 percent owner 8 SOUND SHORE DRIVE, SUITE 303, GREENWICH CT 06830
Cetus Capital Ii, Llc 10 percent owner 8 SOUND SHORE DRIVE, SUITE 303, GREENWICH CT 06830
Littlejohn Fund Iv, L.p. 10 percent owner 8 SOUND SHORE DRIVE, GREENWICH CT 06830
Michael A Hajost officer: SVP/Chief Financial Officer C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612-4662
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital Partners Ii, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853

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