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Amazon.com (AMZN) Other Current Assets : $0 Mil (As of Dec. 2023)


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What is Amazon.com Other Current Assets?

Amazon.com's other current assets for the quarter that ended in Dec. 2023 was $0 Mil.

Amazon.com's quarterly other current assets increased from Jun. 2023 ($0 Mil) to Sep. 2023 ($5,320 Mil) but then declined from Sep. 2023 ($5,320 Mil) to Dec. 2023 ($0Mil).


Amazon.com Other Current Assets Historical Data

The historical data trend for Amazon.com'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.

Amazon.com Other Current Assets Chart

Amazon.com 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 - - - - -

Amazon.com 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 - - - 5,320.00 -

Amazon.com 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.


Amazon.com Other Current Assets Related Terms

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Amazon.com (AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Executives
Adam Selipsky officer: CEO Amazon Web Services PO BOX 81226, SEATTLE WA 98108
Douglas J Herrington officer: CEO Worldwide Amazon Stores PO BOX 81226, SEATTLE WA 98108
David Zapolsky officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Andrew R Jassy director, officer: President and CEO PO BOX 81226, SEATTLE WA 98108-1226
Shelley Reynolds officer: Vice President PO BOX 81226, SEATTLE WA 98108
Brian T Olsavsky officer: Senior Vice President and CFO PO BOX 81226, SEATTLE WA 98108
Daniel P Huttenlocher director ONE RIVERFRONT PLAZA, CORNING NY 14831
Brad D Smith director 1040 13TH AVE, HUNTINGTON WV 25701
Jeffrey P Bezos director, 10 percent owner, officer: Chairman, CEO and President PO BOX 81226, SEATTLE WA 98108-1226
David H Clark officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Jonathan Rubinstein director APPLE COMPUTER INC, 1 INFINITE LOOP, CUPERTINO CA 95014
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Judith A Mcgrath director PO BOX 81226, SEATTLE WA 98108
Jeffrey A Wilke officer: CEO Worldwide Consumer PO BOX 81226, SEATTLE WA 98108-1226
Patricia Q Stonesifer director PO BOX 81226, SEATTLE WA 98108-1226