GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dover Motorsports Inc (NYSE:DVD) » Definitions » Other Current Assets

Dover Motorsports (Dover Motorsports) Other Current Assets : $1.06 Mil (As of Sep. 2021)


View and export this data going back to 1996. Start your Free Trial

What is Dover Motorsports Other Current Assets?

Dover Motorsports's other current assets for the quarter that ended in Sep. 2021 was $1.06 Mil.

Dover Motorsports's quarterly other current assets declined from Mar. 2021 ($7.55 Mil) to Jun. 2021 ($0.80 Mil) but then increased from Jun. 2021 ($0.80 Mil) to Sep. 2021 ($1.06Mil).

Dover Motorsports's annual other current assets declined from Dec. 2018 ($1.59 Mil) to Dec. 2019 ($1.19 Mil) increased from Dec. 2019 ($1.19 Mil) to Dec. 2020 ($7.40 Mil).


Dover Motorsports Other Current Assets Historical Data

The historical data trend for Dover Motorsports'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.

Dover Motorsports Other Current Assets Chart

Dover Motorsports Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.57 1.59 1.19 7.40

Dover Motorsports Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.99 7.40 7.55 0.80 1.06

Dover Motorsports 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.


Dover Motorsports Other Current Assets Related Terms

Thank you for viewing the detailed overview of Dover Motorsports's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Dover Motorsports (Dover Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
1131 North DuPont Highway, Dover, DE, USA, 19901
Dover Motorsports Inc is a United States-based public holding company. The company's principal activity is to market and promote motorsports entertainment. Dover through its subsidiaries owns and operates Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. Its operations were segregated into two main operating subsidiaries; Dover International Speedway Inc covered its motorsports operations, and Dover Downs Inc conducted its gaming operations. The company generates revenues primarily from the sponsorship payments, rights fees, ticket sales, and other event-related revenues.
Executives
Patrick J Bagley director
Jeffrey W Rollins director
Henry B Tippie director TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Anastasia Thomas Nardangeli director 1131 N. DUPONT HIGHWAY DOWER DE 19901
Denis Mcglynn director, officer: President and CEO POST OFFICE BOX 843, DOVER DE 19903
Timothy R Horne director, officer: Sr. VP - Finance & CFO
Thomas G Wintermantel officer: VP, TREASURER & SECRETARY
Michael A. Tatoian director, officer: Executive Vice President - COO 1131 N. DUPONT HIGHWAY DOVER DE 19901
Richard Radcliffe Hastings director 1131 NORTH DUPONT HIGHWAY DOVER DE 19901
Gary W Rollins 10 percent owner 2170 PIEDMONT ROAD NE, ATLANTA GA 30324
R Randall Rollins director, 10 percent owner SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Eugene W Weaver director, 10 percent owner P O BOX 843, DOVER DE 19803
Richard K Struthers director 900 OLD KENNETT ROAD, GREENVILLE DE 19807
Mario Cibelli 10 percent owner 6 EAST 43RD STREET, 23RD FLOOR NEW YORK NY 10017
Kenneth K Chalmers director