GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHK) » Definitions » Other Current Assets

DSHK (Drive Shack) Other Current Assets : $12.3 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Drive Shack Other Current Assets?

Drive Shack's other current assets for the quarter that ended in Dec. 2023 was $12.3 Mil.

Drive Shack's quarterly other current assets declined from Jun. 2023 ($15.8 Mil) to Sep. 2023 ($10.7 Mil) but then increased from Sep. 2023 ($10.7 Mil) to Dec. 2023 ($12.3Mil).

Drive Shack's annual other current assets increased from Dec. 2021 ($15.0 Mil) to Dec. 2022 ($15.9 Mil) declined from Dec. 2022 ($15.9 Mil) to Dec. 2023 ($12.3 Mil).


Drive Shack Other Current Assets Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Other Current Assets Chart

Drive Shack 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 29.38 11.48 14.97 15.86 12.31

Drive Shack 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 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 15.86 18.24 15.78 10.71 12.31

Drive Shack 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.


Drive Shack Other Current Assets Related Terms

Thank you for viewing the detailed overview of Drive Shack's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Drive Shack Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf Properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue is derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Drive Shack Headlines

From GuruFocus

Q4 2018 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q3 2021 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q4 2021 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q2 2020 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q3 2022 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024

Drive Shack Inc. Announces Grand Opening of Puttery Chicago

By Business Wire Business Wire 10-28-2022

Q2 2022 Drive Shack Inc Earnings Call Transcript

By GuruFocus Research 02-13-2024