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HCKT (The Hackett Group) Other Current Assets : $2.9 Mil (As of Dec. 2024)


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What is The Hackett Group Other Current Assets?

The Hackett Group's other current assets for the quarter that ended in Dec. 2024 was $2.9 Mil.

The Hackett Group's quarterly other current assets increased from Jun. 2024 ($3.0 Mil) to Sep. 2024 ($3.7 Mil) but then declined from Sep. 2024 ($3.7 Mil) to Dec. 2024 ($2.9Mil).

The Hackett Group's annual other current assets declined from Dec. 2022 ($2.5 Mil) to Dec. 2023 ($2.4 Mil) increased from Dec. 2023 ($2.4 Mil) to Dec. 2024 ($2.9 Mil).


The Hackett Group Other Current Assets Historical Data

The historical data trend for The Hackett Group'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.

The Hackett Group Other Current Assets Chart

The Hackett Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 5.77 2.54 2.37 2.90

The Hackett Group 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 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 2.37 2.73 2.98 3.66 2.90

The Hackett Group 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.


The Hackett Group Other Current Assets Related Terms

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The Hackett Group Business Description

Traded in Other Exchanges
Address
1001 Brickell Bay Drive, Suite 3000, 30th Floor, Miami, FL, USA, 33131
The Hackett Group Inc is an IP platform-based Generative Artificial Intelligence (Gen AI) strategic consulting and executive advisory digital transformation firm. The Hackett Group provides dedicated expertise in Gen AI-enabled enterprise transformation services across the front, mid and back office areas, including its highly recognized Oracle, SAP, OneStream and Coupa implementation offerings. It operates in three segments Oracle Solutions, SAP Solutions, and Global S&BT. It generates the majority of its revenue from the Global S&BT segment in the United States.
Executives
Wix Alan T G director
Bofill Maria De Los Angeles director 15550 SW 54 STREET, MIAMI FL 33185-4144
Robert A Rivero director 1001 BRICKELL BAY DRIVE, SUITE 3000, MIAMI FL 33131
Richard N Hamlin director 1001 BRICKELL BAY DRIVE, STE 3000, MIAMI FL 33131
John R Harris director 2201 CEDEAR SPRINGS RD, SUITE 701, DALLAS TX 75201
Ted A Fernandez director, officer: Chairman and CEO
Roberto A Ramirez, officer: Chief Financial Officer ANSWERTHINK, INC., 1001 BRICKELL DRIVE, SUITE 3000, MIAMI FL 33131
David N Dungan director, officer: Vice Chairman and COO
Edwin A Huston director UNISYS CORP, UNISYS WAY, BLUE BELL PA 19424-0001
Terence M Graunke director, 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Paul G Yovovich 10 percent owner 676 NORTH MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Lake Capital Partners Lp 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Archstone Holdings Llc 10 percent owner
Lake Capital Investment Partners Lp 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Archstone Intermediate Holdings Llc 10 percent owner 676 North Michigan Avenue, Suite 3900, Chicago IL 60611