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Digital Turbine's other current assets for the quarter that ended in Dec. 2024 was $19.3 Mil.
Digital Turbine's quarterly other current assets increased from Jun. 2024 ($18.9 Mil) to Sep. 2024 ($19.5 Mil) but then declined from Sep. 2024 ($19.5 Mil) to Dec. 2024 ($19.3Mil).
Digital Turbine's annual other current assets declined from Mar. 2022 ($21.0 Mil) to Mar. 2023 ($12.3 Mil) increased from Mar. 2023 ($12.3 Mil) to Mar. 2024 ($17.7 Mil).
The historical data trend for Digital Turbine'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.
Digital Turbine Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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3.78 | 4.62 | 20.96 | 12.32 | 17.72 |
Digital Turbine Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Other Current Assets | Get a 7-Day Free Trial |
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21.09 | 17.72 | 18.92 | 19.51 | 19.30 |
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 Digital Turbine's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Michelle M Sterling | director | 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121 |
Roy H Chestnutt | director | 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036 |
Jeff Karish | director | C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910 |
Robert M Deutschman | director | |
Stone William Gordon Iii | officer: President, COO | 2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068 |
Mohan S Gyani | director | 7277 164TH AVE NE, BLDG1, REDMOND WA 98052 |
Holyce Hess Groos | director | 58 CHRISTIANA COURT, LAKE GEORGE NY 12845 |
Senthilkumaran Kanagaratnam | officer: Chief Technology Officer | 5717 LA SEYNE PLACE, SAN JOSE CA 95138 |
Matthew Gillis | officer: President | 2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224 |
Mary Spilman | director | C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016 |
Michael Benjamin Miller | officer: Chief Accounting Officer | 360 WEST FOREST GROVE ROAD, LUCAS TX 75002 |
David Wesch | officer: Acting CAO | 1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701 |
Christopher Thomas Rogers | director | 2001 EDMUND HALLEY DRIVE, RESTON VA 20191 |
Christine Collins | officer: CTO | 111 NUECES STREET, AUSTIN TX 78701 |
Paul M Schaeffer | director | 5200 ENCINO AVENUE, ENCINO CA 91316 |
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