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Equifax (NYSE:EFX) Other Current Assets

: $208 Mil (As of Sep. 2022)
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Equifax's other current assets for the quarter that ended in Sep. 2022 was $208 Mil.

Equifax's quarterly other current assets increased from Mar. 2022 ($207 Mil) to Jun. 2022 ($237 Mil) but then declined from Jun. 2022 ($237 Mil) to Sep. 2022 ($208Mil).

Equifax's annual other current assets declined from Dec. 2019 ($276 Mil) to Dec. 2020 ($163 Mil) increased from Dec. 2020 ($163 Mil) to Dec. 2021 ($169 Mil).


Equifax Other Current Assets Historical Data

The historical data trend for Equifax'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.

Equifax Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Other Current Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 217.20 209.60 276.00 163.10 168.60

Equifax Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Other Current Assets 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 Premium Member Only Premium Member Only Premium Member Only 170.20 168.60 206.50 236.80 208.20

Equifax 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.


Equifax Other Current Assets Related Terms

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Equifax (NYSE:EFX) Business Description

Equifax logo
Traded in Other Exchanges
Address
1550 Peachtree Street N.W., Atlanta, GA, USA, 30309
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
Executives
Lisa M Nelson officer: President-International EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Audrey B Tillman director 1932 WYNNTON RD, COLUMBUS GA 31999
Melissa D Goodwin director C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Sunil Bindal officer: SVP, Corp Development EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lindsay B Parker officer: Chief Marketing Officer EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Beverly J Anderson officer: Pres-Global Consumer Solutions 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Robert W Selander director MASTERCARD INTERNATIONAL, 2000 PURCHASE STREET, PURCHASE NY 10577
Robert D Marcus director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
John A Mckinley director C/O EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Elane B Stock director 351 PHELPS DRIVE, IRVING TX 75038
Carla Chaney officer: CVP & Chief HR Officer 5302 LAKE VIEW CLUB, DUNWOODY GA 30338
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
Heather H Wilson director 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Sid Singh officer: President - USIS 1550 PEACHTREE STREET NW, ATLANTA GA 30309
James M Griggs officer: SVP & Corp Controller 1550 PEACHTREE STREET NW, ATLANTA GA 30309

Equifax (NYSE:EFX) Headlines

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