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Cray (CRAY) Other Current Assets : $28.8 Mil (As of Jun. 2019)


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What is Cray Other Current Assets?

Cray's other current assets for the quarter that ended in Jun. 2019 was $28.8 Mil.

Cray's quarterly other current assets increased from Dec. 2018 ($23.6 Mil) to Mar. 2019 ($24.1 Mil) and increased from Mar. 2019 ($24.1 Mil) to Jun. 2019 ($28.8Mil).

Cray's annual other current assets increased from Dec. 2016 ($20.0 Mil) to Dec. 2017 ($27.0 Mil) declined from Dec. 2017 ($27.0 Mil) to Dec. 2018 ($23.6 Mil).


Cray Other Current Assets Historical Data

The historical data trend for Cray'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.

Cray Other Current Assets Chart

Cray Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.90 61.33 20.01 26.98 23.63

Cray Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 24.43 22.53 23.63 24.06 28.83

Cray 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.


Cray Other Current Assets Related Terms

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Cray (CRAY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
901 Fifth Avenue, Suite 1000, Seattle, WA, USA, 98164
Cray Inc designs, manufactures and services the high-performance computing market, primarily supercomputers, in addition to providing storage and data analytics solutions. Customers include domestic and foreign government and government-funded entities, academic institutions, and commercial institutions. The firm's supercomputers address computing resource challenges faced by customers today with respect to achieving massive scaling to tens of thousands of processors. Its analytics products apply these supercomputing technologies to complex data analytics use-cases. The firm generates revenue in the United States, Canada, Europe, Middle East, South America, and Asia Pacific.
Executives
Prithviraj Banerjee director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Peter J Ungaro director, officer: President & CEO 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Catriona M. Fallon director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Daniel C Regis director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Martin J Homlish director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Daniel J Evans director 411 FIRST AVENUE SOUTH SUITE 600, SEATTLE WA 98014
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203

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