GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Holley Inc (NYSE:HLLY) » Definitions » Other Current Assets

HLLY (Holley) Other Current Assets : $12.6 Mil (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Holley Other Current Assets?

Holley's other current assets for the quarter that ended in Dec. 2024 was $12.6 Mil.

Holley's quarterly other current assets increased from Jun. 2024 ($18.4 Mil) to Sep. 2024 ($24.0 Mil) but then declined from Sep. 2024 ($24.0 Mil) to Dec. 2024 ($12.6Mil).

Holley's annual other current assets declined from Dec. 2022 ($18.2 Mil) to Dec. 2023 ($15.7 Mil) declined from Dec. 2023 ($15.7 Mil) to Dec. 2024 ($12.6 Mil).


Holley Other Current Assets Historical Data

The historical data trend for Holley'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.

Holley Other Current Assets Chart

Holley Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial 5.04 18.96 18.16 15.67 12.61

Holley Quarterly Data
Dec19 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 15.67 15.94 18.44 24.03 12.61

Holley 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.


Holley Other Current Assets Related Terms

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


Holley Business Description

Traded in Other Exchanges
N/A
Address
2445 Nashville Road, Suite B1, Bowling Green, KY, USA, 42101
Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The Company's products are designed to enhance street, off-road, recreational and competitive vehicle performance through increased horsepower, torque and drivability. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.
Executives
David S Lobel director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS II, 777 THIRD AVE. 32ND FL, NEW YORK NY 10017
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Graham Clempson director, officer: President and Director C/O MIDOCEAN PARTNERS, 245 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10167
Matthew Stevenson director, officer: President and CEO 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
James D. Coady director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK CITY NY 10017
Owen Basham director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10017
Midocean Partners V, L.p. 10 percent owner C/O MIDOCEAN PARTNERS, 320 PARK AVENUE, SUITE 1600, NEW YORK NY 10022
Jesse Weaver officer: Chief Financial Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Brian Appelgate officer: Interm Chief Operating Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Dominic Bardos officer: Chief Financial Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Thomas W Tomlinson director, officer: Chief Executive Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Anita Sehgal director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Carly Kennedy officer: EVP & General Counsel 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Gina L Bianchini director 312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202