>
Switch to:

Knight-Swift Transportation Holdings Other Current Assets

: $197 Mil (As of Jun. 2021)
View and export this data going back to 1994. Start your Free Trial

Knight-Swift Transportation Holdings's other current assets for the quarter that ended in Jun. 2021 was $197 Mil.

Knight-Swift Transportation Holdings's quarterly other current assets declined from Dec. 2020 ($171 Mil) to Mar. 2021 ($165 Mil) but then increased from Mar. 2021 ($165 Mil) to Jun. 2021 ($197Mil).

Knight-Swift Transportation Holdings's annual other current assets declined from Dec. 2018 ($201 Mil) to Dec. 2019 ($182 Mil) declined from Dec. 2019 ($182 Mil) to Dec. 2020 ($171 Mil).


Knight-Swift Transportation Holdings Other Current Assets Historical Data

The historical data trend for Knight-Swift Transportation Holdings'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.

Knight-Swift Transportation Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Other Current Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.04 217.18 200.97 182.04 170.72

Knight-Swift Transportation Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 169.08 170.07 170.72 164.95 197.13

Knight-Swift Transportation Holdings 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.


Knight-Swift Transportation Holdings Other Current Assets Related Terms

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


Knight-Swift Transportation Holdings Business Description

Knight-Swift Transportation Holdings logo
Industry
Industrials » Transportation NAICS : 484121 SIC : 4213
Traded in Other Exchanges
Address
20002 North 19th Avenue, Phoenix, AZ, USA, 85027
Knight-Swift Transportation is by far the largest asset-based full-truckload carrier in the United States. About 80% of revenue derives from asset-based truckload shipping operations (including for-hire dry van, refrigerated, and dedicated contract). The remainder stems from truck brokerage and other asset-light logistics services (8%), as well as intermodal (8%), which uses the Class-I railroads for the underlying movement of the firm's shipping containers and also offers drayage services.
Executives
Moyes Vickie 10 percent owner SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Moyes Jerry 10 percent owner, other: Member of 10% group SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Moyes Jerry & Vickie Family Trust 10 percent owner SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Garnreiter Michael director 6735 E. GREENWAY PARKWAY UNIT #2049 SCOTTSDALE AZ 85254
Nester Lyndee Moyes other: Member of 10% owner group PO BOX 1397 TOLLESON AZ 85353
Moyes Michael other: Member of 10% owner group SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Breen Shannon officer: Sr. VP Logistics/Intermodal 2200 SOUTH 75TH AVENUE PHOENIX AZ 85027
Flanagan Cary M officer: SVP and CAO SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Harrington Timothy Sean officer: Exec Vice Pres Sales 2200 NORTH 75TH AVENUE PHOENIX AZ 85027
Knight Gary J director, officer: Vice Chairman PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KNIGHT GARY J a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Knight Kevin P director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Liu Michael K officer: Exec. VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Jackson David A director, officer: President and CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JACKSON DAVID A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Yu Wayne officer: CAO of Knight Trans. Inc. 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Carlson Todd F. officer: General Counsel and Secretary 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043

Knight-Swift Transportation Holdings Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)