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AWR (American States Water Co) Other Current Assets : $49.0 Mil (As of Sep. 2024)


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What is American States Water Co Other Current Assets?

American States Water Co's other current assets for the quarter that ended in Sep. 2024 was $49.0 Mil.

American States Water Co's quarterly other current assets declined from Mar. 2024 ($56.4 Mil) to Jun. 2024 ($52.8 Mil) and declined from Jun. 2024 ($52.8 Mil) to Sep. 2024 ($49.0Mil).

American States Water Co's annual other current assets increased from Dec. 2021 ($18.7 Mil) to Dec. 2022 ($31.3 Mil) increased from Dec. 2022 ($31.3 Mil) to Dec. 2023 ($50.9 Mil).


American States Water Co Other Current Assets Historical Data

The historical data trend for American States Water Co'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.

American States Water Co Other Current Assets Chart

American States Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.34 18.64 18.66 31.33 50.91

American States Water Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 40.41 50.91 56.43 52.80 48.95

American States Water Co 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.


American States Water Co Other Current Assets Related Terms

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American States Water Co Business Description

Traded in Other Exchanges
Address
630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
American States Water Co is water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services from commercial and residential customers.
Executives
Anne M Holloway director
Mary Ann Hopkins director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Thomas A. Eichelberger director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Steven D Davis director
Roger M Ervin director 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Sarah J Anderson director 3633 E. INLAND EMPIRE BLVD., SUITE 480, ONTARIO CA 91764
Hodges Granville R Jr officer: Vice President 2712 HARTFORD AVENUE, FULLERTON CA 92835
David R Schickling officer: Vice President Water Operation 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Susan P. Miller officer: Vice President 630 E. FOOTHILL BLVD., SAN DIMAS CA 91773
Bryan K Switzer officer: Vice President 630 EAST FOOTHILL BOULEVARD, SAN DIMAS CA 91773
Christopher H Connor officer: SVP of ASUS 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
Jon Pierotti officer: Vice President Reg Affairs 630 E FOOTHILL BLVD, SAN DIMAS CA 91773
John R Fielder director SOUTHERN CALIFORNIA EDISON CO, P O BOX 800, ROSEMEAD CA 91770
James L Anderson director 8828 N. STEMMONS FREEWAY, SUITE 106, DALLAS TX 75247
Diana M Bonta director 1056 ALVIRA STREET, LOS ANGELES CA 90035