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Alector's other current assets for the quarter that ended in Dec. 2023 was $16.95 Mil.
Alector's quarterly other current assets increased from Jun. 2023 ($10.12 Mil) to Sep. 2023 ($13.82 Mil) and increased from Sep. 2023 ($13.82 Mil) to Dec. 2023 ($16.95Mil).
Alector's annual other current assets increased from Dec. 2021 ($7.07 Mil) to Dec. 2022 ($11.00 Mil) increased from Dec. 2022 ($11.00 Mil) to Dec. 2023 ($16.95 Mil).
The historical data trend for Alector'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.
Alector Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Other Current Assets | Get a 7-Day Free Trial | 4.36 | 8.20 | 7.07 | 11.00 | 16.95 |
Alector 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 | 11.00 | 11.97 | 10.12 | 13.82 | 16.95 |
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 Alector's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Sara Kenkare-mitra | officer: President and Head of R&D | C/O ALECTOR, INC, 131 OYSTER POINT BLVD, SUITE 600, SOUTH SAN FRANCISCO CA 94080 |
Gary Romano | officer: Chief Medical Officer | TWO COMMERCE SQUARE, 2001 MARKET STREET, 28TH FLOOR, PHILADELPHIA PA 19103 |
Arnon Rosenthal | director, officer: Chief Executive Officer | C/O ALECTOR, INC., 151 OYSTER POINT BLVD., #300, SOUTH SAN FRANCISCO CA 94080 |
Marc Grasso | officer: Chief Financial Officer | C/O KURA ONCOLOGY, INC., 3033 SCIENCE PARK ROAD, SUITE 220, SAN DIEGO CA 92121 |
Terrance Mcguire | director, 10 percent owner | C/O POLARIS VENTURE PARTNERS LP, 1000 WINTER STREET, SUITE 3350, WALTHAM MA 02154 |
Polaris Venture Management Co. Vi, L.l.c. | 10 percent owner | ONE MARINA PARK DRIVE, 8TH FLOOR, BOSTON MA 02210 |
Richard H Scheller | director | C/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990 |
Paula Hammond | director | C/O ALECTOR, INC., 131 OYSTER POINT BLVD. SUITE 600, SOUTH SAN FRANCISCO CA 94080 |
Kristine Yaffe | director | C/O ALECTOR, INC., 131 OYSTER POINT BLVD., SUITE 600, SOUTH SAN FRANCISCO CA 94080 |
Tillman U. Gerngross | director | C/O ARSANIS, INC., 890 WINTER STREET, SUITE 230, WALTHAM MA 02451 |
Lavigne Louis J Jr | director | C/O ALLERGAN, INC., 2525 DUPONT DRIVE, IRVINE CA 92612 |
Elizabeth A. Garofalo | director | C/O ACADIA PHARMACEUTICALS INC., 12830 EL CAMINO REAL, SUITE 400, SAN DIEGO CA 92130 |
David M. Wehner | director | C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025 |
Robert King | officer: Chief Development Officer | 950 TOWER LANE, SUITE 900, FOSTER CITY CA 94404 |
Shehnaaz Suliman | officer: President and COO | 901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080 |
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