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Circor International (Circor International) Other Current Assets : $124.4 Mil (As of Jun. 2023)


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What is Circor International Other Current Assets?

Circor International's other current assets for the quarter that ended in Jun. 2023 was $124.4 Mil.

Circor International's quarterly other current assets increased from Dec. 2022 ($117.8 Mil) to Mar. 2023 ($120.1 Mil) and increased from Mar. 2023 ($120.1 Mil) to Jun. 2023 ($124.4Mil).

Circor International's annual other current assets increased from Dec. 2020 ($94.1 Mil) to Dec. 2021 ($110.7 Mil) increased from Dec. 2021 ($110.7 Mil) to Dec. 2022 ($117.8 Mil).


Circor International Other Current Assets Historical Data

The historical data trend for Circor International'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.

Circor International Other Current Assets Chart

Circor International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.67 227.86 94.06 110.75 117.77

Circor International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 119.52 125.41 117.77 120.12 124.38

Circor International 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.


Circor International Other Current Assets Related Terms

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Circor International (Circor International) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
Executives
Forrest Tiedeman officer: Vice President, Treasury & Tax C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar director, officer: President and CEO C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig director CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma officer: CFO and SVP Bus Development 50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell officer: SVP, General Counsel & CPO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii officer: VP Finance, Controller, PAO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr director 12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra officer: Group Pres, Adv Flow Solutions CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins officer: Director and Treasurer CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel officer: VP Finance, Corp. Controller 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803

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