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Pool's other current assets for the quarter that ended in Mar. 2024 was $45 Mil.
Pool's quarterly other current assets increased from Sep. 2023 ($26 Mil) to Dec. 2023 ($40 Mil) and increased from Dec. 2023 ($40 Mil) to Mar. 2024 ($45Mil).
Pool's annual other current assets increased from Dec. 2021 ($29 Mil) to Dec. 2022 ($31 Mil) increased from Dec. 2022 ($31 Mil) to Dec. 2023 ($40 Mil).
The historical data trend for Pool'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.
Pool Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 16.17 | 17.61 | 29.09 | 30.89 | 40.44 |
Pool Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Other Current Assets | Get a 7-Day Free Trial | 27.88 | 19.99 | 26.41 | 40.44 | 44.52 |
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 Pool's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Kristopher Robert Neff | officer: Vice President, Strategy & Cor | 429 HAMPTON TERRACE, LIBERTYVILLE IL 60048 |
Jennifer M Neil | officer: Secretary | SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433 |
Walker Saik | officer: Corporate Controller | 5202 CHESTNUT ST, NEW ORLEANS LA 70115 |
Ilya Mihaly | officer: Vice President - Operations & | 10703 BEAGLE RUN PL, TAMPA FL 33626 |
James D Hope | director | 1390 ENCLAVE PARKWAY, HOUSTON TX 77077 |
Hart Melanie Housey | officer: Chief Accounting Officer | POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433 |
Carlos A. Sabater | director | 1140 ALFONSO AVENUE, CORAL GABLES FL 33146 |
Peter D Arvan | officer: EXECUTIVE VICE PRESIDENT | 2537 ST. JAMES DRIVE, UNIT 507, SOUTHPORT NC 28461 |
Martha S Gervasi | director | 610 BOWSPRIT LANE, LONGBOAT KEY FL 34228 |
Perez De La Mesa Manuel J | director, officer: President/CEO | |
Robert C Sledd | director | 9201 FOREST HILL AVENUE, RICHMOND VA 23235 |
Mark W Joslin | officer: Chief Financial Officer | SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433 |
St Romain Kenneth G | officer: Group Vice President | POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433 |
David B. Collier | officer: VP OPERATIONS & SUPPLY CHAIN | 720 EVENING STAR LN, CASTLE ROCK CO 80108 |
Arthur D Cook | officer: Vice President |
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