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Yext (YEXT) Other Current Assets

: $41.5 Mil (As of Jan. 2024)
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Yext's other current assets for the quarter that ended in Jan. 2024 was $41.5 Mil.

Yext's quarterly other current assets declined from Jul. 2023 ($45.5 Mil) to Oct. 2023 ($45.4 Mil) and declined from Oct. 2023 ($45.4 Mil) to Jan. 2024 ($41.5Mil).

Yext's annual other current assets declined from Jan. 2022 ($47.5 Mil) to Jan. 2023 ($46.7 Mil) declined from Jan. 2023 ($46.7 Mil) to Jan. 2024 ($41.5 Mil).


Yext Other Current Assets Historical Data

The historical data trend for Yext'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.

Yext Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Other Current Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.15 48.32 47.54 46.65 41.53

Yext Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 46.65 47.73 45.51 45.39 41.53

Yext 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.


Yext Other Current Assets Related Terms

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Yext (YEXT) Business Description

Industry
Traded in Other Exchanges
Address
61 Ninth Avenue, New York, NY, USA, 10011
Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives majority of its revenues from subscription services.
Executives
Ho Shin officer: General Counsel 61 NINTH AVENUE, NEW YORK NY 10011
Brian Distelburger director, officer: President ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Julie Richardson director YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Evan Skorpen director C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Faheem Bawa officer: Chief Accounting Officer C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Marc Ferrentino officer: President and COO 61 NINTH AVENUE, NEW YORK NY 10011
Darryl Bond officer: Chief Accounting Officer ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Seth H. Waugh director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Steven Cakebread officer: Chief Financial Officer YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
David Rudnitsky officer: Chief Revenue Officer C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Howard Lerman director, officer: Chief Executive Officer ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Tamar Yehoshua director 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Shane Battier director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
Michael Walrath director ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010