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Guess?'s other current assets for the quarter that ended in Oct. 2023 was $81 Mil.
Guess?'s quarterly other current assets declined from Apr. 2023 ($99 Mil) to Jul. 2023 ($85 Mil) and declined from Jul. 2023 ($85 Mil) to Oct. 2023 ($81Mil).
Guess?'s annual other current assets increased from Jan. 2021 ($60 Mil) to Jan. 2022 ($77 Mil) increased from Jan. 2022 ($77 Mil) to Jan. 2023 ($83 Mil).
The historical data trend for Guess?'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.
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 Guess?'s Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Paul Marciano | director, 10 percent owner, officer: Co-Chairman and Co-CEO | C/O GUESS INC, 1444 S ALAMEDA ST, LOS ANGELES CA 90021 |
Maurice Marciano | director, 10 percent owner, officer: Co-Chairman and Co-CEO | 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021 |
Deborah Weinswig | director | C/O XCEL BRANDS, INC., 1333 BROADWAY, 10TH FLOOR, NEW YORK NY 10018 |
Markus Neubrand | officer: Chief Financial Officer | C/O GUESS?, INC., 1444 SOUTH ALAMEDA ST, LOS ANGELES CA 90021 |
Thomas Jr Barrack | director | C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071 |
Fabrice Benarouche | officer: SVP Finance and IR, CAO | C/O GUESS?, INC., 1444 S. ALAMEDA STREET, LOS ANGELES CA 90021 |
Anthony Chidoni | director | C/O GUESS INC, 1444 S ALAMEDA STREET, LOS ANGELES CA 90021 |
Dennis R Secor | officer: Chief Financial Officer | 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080 |
Carlos Alberini | director, officer: CEO and Director | C/O LUCKY BRAND, LLC, 540 SOUTH SANTA FE AVE., LOS ANGELES CA 90013 |
Alex Yemenidjian | director, other: Chairman of the Board | C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021 |
Cynthia R Livingston | director | C/O GUESS, INC, 1444 S. ALAMEDA STREET, LOS ANGELES CA 90021 |
Laurie Ann Goldman | director | 3344 PEACHTREE ROAD, SUITE 1700, ATLANTA GA 30326 |
Kathryn Low Anderson | officer: Chief Financial Officer | C/O GUESS?, INC., 1444 S. ALAMEDA STREET, LOS ANGELES CA 90021 |
Gianluca Bolla | director | C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021 |
Reddy Sandeep | officer: CFO | C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021 |
From GuruFocus
By Business Wire 08-17-2022
By Business Wire 04-13-2023
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