Strategic Education (Strategic Education) Other Current Assets

: $45 Mil (As of Dec. 2023)

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Strategic Education's other current assets for the quarter that ended in Dec. 2023 was $45 Mil.

Strategic Education's quarterly other current assets declined from Jun. 2023 ($52 Mil) to Sep. 2023 ($49 Mil) and declined from Sep. 2023 ($49 Mil) to Dec. 2023 ($45Mil).

Strategic Education's annual other current assets increased from Dec. 2021 ($41 Mil) to Dec. 2022 ($43 Mil) increased from Dec. 2022 ($43 Mil) to Dec. 2023 ($45 Mil).

Strategic Education Other Current Assets Historical Data

The historical data trend for Strategic Education'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.

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Strategic Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Current Assets

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18.00

39.46

40.78

43.29

44.76

Strategic Education 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															43.29	57.84	52.33	48.69	44.76

Strategic Education 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.

Strategic Education Other Current Assets Related Terms

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Strategic Education (Strategic Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Strategic Education Inc (NAS:STRA) » Definitions » Other Current Assets

Comparable Companies

Traded in Other Exchanges

SQE:Germany

Address

2303 Dulles Station Boulevard, Herndon, VA, USA, 20171

Website

https://www.strategiceducation.com

Strategic Education Inc. is an education services company that provides access to high-quality education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills for high-demand markets. The company operates through wholly-owned subsidiaries Strayer University and Capella University, both accredited post-secondary institutions of higher education located in the United States, as well as Torrens University, an accredited post-secondary institution of higher education located in Australia. It provide employees with access to affordable and industry relevant training, certificate, and degree programs.

Executives

Viet D Dinh	director	GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Robert R Grusky	director	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Raymond Karl Mcdonnell	officer: President and COO	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Daniel Wayne Jackson	officer: Vice President - Operations	C/O STRAYER EDUCATION INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael Thawley	director	C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Robert S Silberman	director, officer: Chairman & CEO	C/O STRAYER EDUCATION INC, 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Michael A. Mcrobbie	director	C/O STRATEGIC EDUCATION, INC., 2303 DULLES STATION BOULEVARD, HERNDON VA 20171
William J Slocum	director	C/O INCLUSIVE CAPITAL PARTNERS, L.P., 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tal Darmon	officer: Chief Accounting Officer	650 SOUTH EXETER STREET, BALTIMORE MD 21202
Jerry Lavell Johnson	director	512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Casteen John T Iii	director	301 S. COLLEGE STREET, 30TH FLOOR, NC0630, CHARLOTTE NC 28288-0630
J Kevin Gilligan	director, officer: Executive Vice Chairman	P O BOX 1441, MINNEAPOLIS MN 55440-1441
Andrew E Watt	officer: Chief Operating Officer	225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Lizette Benedi Herraiz	officer: SVP and General Counsel	2303 DULLES STATION BOULEVARD, HERNDON VA 20171
Thomas J Aprahamian	officer: Chief Accounting Officer	2303 DULLES STATION BOULEVARD, HERNDON VA 20171