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Global Payment Technologies (Global Payment Technologies) Other Current Assets : $0.10 Mil (As of Jun. 2008)


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What is Global Payment Technologies Other Current Assets?

Global Payment Technologies's other current assets for the quarter that ended in Jun. 2008 was $0.10 Mil.

Global Payment Technologies's quarterly other current assets declined from Dec. 2007 ($0.15 Mil) to Mar. 2008 ($0.04 Mil) but then increased from Mar. 2008 ($0.04 Mil) to Jun. 2008 ($0.10Mil).

Global Payment Technologies's annual other current assets declined from Sep. 2005 ($0.26 Mil) to Sep. 2006 ($0.22 Mil) declined from Sep. 2006 ($0.22 Mil) to Sep. 2007 ($0.18 Mil).


Global Payment Technologies Other Current Assets Historical Data

The historical data trend for Global Payment Technologies'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.

Global Payment Technologies Other Current Assets Chart

Global Payment Technologies Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.40 0.26 0.22 0.18

Global Payment Technologies Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 0.34 0.18 0.15 0.04 0.10

Global Payment Technologies 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.


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Global Payment Technologies (Global Payment Technologies) Business Description

Traded in Other Exchanges
N/A
Address
170 Wilbur Place, Bohemia, NY, USA, 11716
Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.
Executives
Thomas Mcneill officer: Vice President, CFO & Secy 425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz 10 percent owner

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