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Danimer Scientific's other current assets for the quarter that ended in Dec. 2023 was $4.71 Mil.
Danimer Scientific's quarterly other current assets declined from Jun. 2023 ($5.44 Mil) to Sep. 2023 ($4.75 Mil) and declined from Sep. 2023 ($4.75 Mil) to Dec. 2023 ($4.71Mil).
Danimer Scientific's annual other current assets increased from Dec. 2021 ($4.74 Mil) to Dec. 2022 ($5.22 Mil) declined from Dec. 2022 ($5.22 Mil) to Dec. 2023 ($4.71 Mil).
The historical data trend for Danimer Scientific'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.
Danimer Scientific Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Other Current Assets | 0.42 | 3.09 | 4.74 | 5.22 | 4.71 |
Danimer Scientific Quarterly Data | |||||||||||||||||
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 | 5.22 | 21.80 | 5.44 | 4.75 | 4.71 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Danimer Scientific's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard J Hendrix | director | 1300 NORTH 17TH STREET, ARLINGTON VA 22209 |
Scott Tuten | officer: Chief Marketing Officer | 286 DOE RUN DRIVE, CAIRO GA 39828 |
Gregory W. Hunt | director | 730 5TH AVENUE, NEW YORK NY 10019 |
Allison Leopold Tilley | director | 1300 NORTH 17TH STREET, ARLINGTON VA 22209 |
Cynthia R Cohen | director | 1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131 |
John P Amboian | director | |
Michael A Hajost | officer: Chief Financial Officer | C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612-4662 |
Stephen Croskrey | director, officer: CEO & Chairman of the Board | C/O ARMOR HOLDINGS INC, 1400 MARSH LANDING PARKWAY SUITE 112, JACKSONVILLE FL 32250 |
Stuart W Pratt | director | 303 CONGRESS STREET, BOSTON MA 02210 |
Van Trump Phillip D | officer: Chief Technology Officer | 1466 NORTH DECATUR ROAD, ATLANTA GA 30306 |
Philip Gregory Calhoun | director | 2100 WHITES BRIDGE ROAD, COLQUITT GA 39837 |
Isao Noda | director | 1568 HUNTER ROAD, FAIRFIELD OH 45914 |
Michael Eric Smith | officer: Chief Operating Officer | 2208 WYNDHAM WAY, BAINBRIDGE GA 39819 |
Christy A Basco | director | 206 WINDING HOLLOW LANE, COPPELL TX 75019 |
Wunderlich Gary Kent Jr | 10 percent owner, officer: President, other: President | CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367 |
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