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Manitowoc Co (Manitowoc Co) Other Current Assets : $47 Mil (As of Dec. 2023)


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What is Manitowoc Co Other Current Assets?

Manitowoc Co's other current assets for the quarter that ended in Dec. 2023 was $47 Mil.

Manitowoc Co's quarterly other current assets increased from Jun. 2023 ($32 Mil) to Sep. 2023 ($34 Mil) and increased from Sep. 2023 ($34 Mil) to Dec. 2023 ($47Mil).

Manitowoc Co's annual other current assets increased from Dec. 2021 ($37 Mil) to Dec. 2022 ($45 Mil) increased from Dec. 2022 ($45 Mil) to Dec. 2023 ($47 Mil).


Manitowoc Co Other Current Assets Historical Data

The historical data trend for Manitowoc Co'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.

Manitowoc Co Other Current Assets Chart

Manitowoc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.00 35.50 36.80 45.30 46.60

Manitowoc Co Quarterly Data
Mar19 Jun19 Sep19 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 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 45.30 42.30 32.20 33.90 46.60

Manitowoc Co 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.


Manitowoc Co Other Current Assets Related Terms

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Manitowoc Co (Manitowoc Co) Business Description

Traded in Other Exchanges
N/A
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.
Executives
Anne E Belec director C/O THE MANITOWOC COMPANY, INC., 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Jennifer L Peterson officer: EVP, Gen. Counsel & Secretary ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Steele Cook officer: EVP, Human Resources 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Ryan M Palmer officer: VP, Corporate Controller & POA 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
John Charles Pfeifer director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Aaron H. Ravenscroft officer: President & CEO ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Leslie L. Middleton officer: EVP Mobile Cranes THE MANITOWOC COMPANY, INC., ONE PARK PLAZA, 11270 W PARK PL STE 1000, MILWAUKEE WI 53224
Brian P Regan officer: VP, Corporate Controller & PAO THE MANITOWOC COMPANY INC ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kenneth W Krueger director
Robert W Malone director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Amy Rochelle Davis director 500 JACKSON STREET, COLUMBUS IN 47201
Terrance L Collins officer: EVP Human Resources C/O ZEBRA TECHNOLOGIES CORPORATION, 475 HALF DAY ROAD, SUITE 500, LINCOLNSHIRE IL 60069
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Condon Donald Marion Jr director 2801 POAST OAK BLVD., SUITE 600, HOUSTON TX 77056