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Trevi Therapeutics's other current assets for the quarter that ended in Dec. 2023 was $4.58 Mil.
Trevi Therapeutics's quarterly other current assets increased from Jun. 2023 ($5.06 Mil) to Sep. 2023 ($5.09 Mil) but then declined from Sep. 2023 ($5.09 Mil) to Dec. 2023 ($4.58Mil).
Trevi Therapeutics's annual other current assets increased from Dec. 2021 ($0.89 Mil) to Dec. 2022 ($2.11 Mil) increased from Dec. 2022 ($2.11 Mil) to Dec. 2023 ($4.58 Mil).
The historical data trend for Trevi Therapeutics'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.
Trevi Therapeutics Annual Data | ||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Other Current Assets | Get a 7-Day Free Trial | 1.68 | 1.00 | 0.89 | 2.11 | 4.58 |
Trevi Therapeutics 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 | 2.11 | 2.94 | 5.06 | 5.09 | 4.58 |
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 Trevi Therapeutics's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Lisa Delfini | officer: Chief Financial Officer | C/O TREVI THERAPEUTICS, INC., 195 CHURCH STREET, FL. 14, NEW HAVEN CT 06510 |
Farrell Simon | officer: Chief Commercial Officer | C/O TREVI THERAPEUTICS, INC., 195 CHURCH STREET, FLOOR 14, NEW HAVEN CT 06510 |
David J Clark | officer: Chief Medical Officer | 131 HARTWELL AVE, LEXINGTON MA 02421 |
Tpg Gp A, Llc | 10 percent owner | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Scott D Sandell | 10 percent owner | |
Carmen Chang | 10 percent owner | 2855 SAND HILL ROAD, MENLO PARK CA 94025 |
New Enterprise Associates 16, L.p. | 10 percent owner | 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093 |
Paul Edward Walker | director | 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093 |
Forest Baskett | 10 percent owner | |
Peter W. Sonsini | 10 percent owner | 2855 SAND HILL ROAD, MENLO PARK CA 94025 |
Florence Anthony A. Jr. | 10 percent owner | 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815 |
Ali Behbahani | 10 percent owner | 5425 WISCONSIN AVE, CHEVY CHASE MD 20815 |
Mohamad Makhzoumi | 10 percent owner | 2855 SAND HILL ROAD, MENLO PARK CA 94025 |
Jon Winkelried | 10 percent owner | C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004 |
Christopher Galletta | officer: See Remarks | 195 CHURCH STREET, FLOOR 14,, NEW HAVEN CT 06510 |
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