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Zevia PBC (Zevia PBC) Other Current Assets : $5.1 Mil (As of Dec. 2023)


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What is Zevia PBC Other Current Assets?

Zevia PBC's other current assets for the quarter that ended in Dec. 2023 was $5.1 Mil.

Zevia PBC's quarterly other current assets declined from Jun. 2023 ($4.1 Mil) to Sep. 2023 ($2.9 Mil) but then increased from Sep. 2023 ($2.9 Mil) to Dec. 2023 ($5.1Mil).

Zevia PBC's annual other current assets declined from Dec. 2021 ($3.4 Mil) to Dec. 2022 ($2.6 Mil) increased from Dec. 2022 ($2.6 Mil) to Dec. 2023 ($5.1 Mil).


Zevia PBC Other Current Assets Historical Data

The historical data trend for Zevia PBC'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.

Zevia PBC Other Current Assets Chart

Zevia PBC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
1.30 1.49 3.42 2.61 5.06

Zevia PBC Quarterly Data
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 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 2.61 4.22 4.13 2.91 5.06

Zevia PBC 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.


Zevia PBC Other Current Assets Related Terms

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Zevia PBC (Zevia PBC) Business Description

Traded in Other Exchanges
N/A
Address
15821 Ventura Boulevard, Suite 135, Encino, CA, USA, 91436
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. It derives a majority of its revenue from the United States.
Executives
Padraic L. Spence director, officer: See Remarks C/O PHYSICIANS FORMULA HOLDINGS, INC., 1055 WEST 8TH STREET, AZUSA CA 91702
Amy Taylor director, officer: President 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Florence Neubauer officer: Interim CFO C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Debow Greig P. Jr. officer: Chief Commercial Officer C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
White Pine, Inc./wa 10 percent owner 801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
Quincy B Troupe director C/O THE BOSTON BEER COMPANY, 1 DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Denise Dawn Beckles officer: Chief Financial Officer C/O ZEVIA PBC, 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Lorna R. Simms officer: See Remarks 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Hany Mikhail officer: Chief Accounting Officer 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Laird Norton Co Llc 10 percent owner 801 SECOND AVENUE, SUITE 1700, SEATTLE WA 98104
David J. Lee director C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Harry Margolis officer: Chief Operating Officer 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Robert Gay officer: See Remarks 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Brian Mcguigan director 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436
Julie Garcia Ruehl director 15821 VENTURA BLVD., SUITE 145, ENCINO CA 91436

Zevia PBC (Zevia PBC) Headlines

From GuruFocus

Zevia Announces CEO Succession Plan

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Zevia to Announce First Quarter 2023 Results on Tuesday, May 9, 2023

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Zevia Announces Appointment of David J. Lee to Board of Directors

By Business Wire Business Wire 07-20-2022