Cirrus Logic (MIL:1CRUS) Other Current Assets: €57 Mil (As of Jun. 2026)

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MIL:1CRUS Cirrus Logic Inc MIL:1CRUS
59 GF Score
Price €105.35
GF Value €127.84
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Cirrus Logic Other Current Assets?

Cirrus Logic MIL:1CRUS 59 Other Current Assets is €57 Mil as of Jun. 2026. GuruFocus rates MIL:1CRUS with a GF Score™ of 59/100 and a GF Value™ of €127.84 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Cirrus Logic's other current assets for the quarter that ended in Jun. 2026 was €57 Mil.

Cirrus Logic's quarterly other current assets declined from Dec. 2025 (€101 Mil) to Mar. 2026 (€74 Mil) and declined from Mar. 2026 (€74 Mil) to Jun. 2026 (€57Mil).

Cirrus Logic's annual other current assets declined from Mar. 2024 (€175 Mil) to Mar. 2025 (€119 Mil) declined from Mar. 2025 (€119 Mil) to Mar. 2026 (€74 Mil).


Cirrus Logic Other Current Assets Related Terms


Cirrus Logic Other Current Assets Historical Data

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The historical data trend for Cirrus Logic'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.

Cirrus Logic Other Current Assets Chart

Cirrus Logic Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.46 143.06 174.73 119.19 73.58

Cirrus Logic Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 115.54 110.16 101.21 73.58 56.84
MIL:1CRUS
59GF Score
Cirrus Logic Inc MIL:1CRUS
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cirrus Logic 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of €57 Mil mean?
Cirrus Logic (MIL:1CRUS) has a Other Current Assets of €57 Mil as of Jun. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Cirrus Logic.
Is Cirrus Logic's Other Current Assets too high?
Cirrus Logic's current Other Current Assets is €57 Mil. Overall, Cirrus Logic has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cirrus Logic's Other Current Assets compare to MXL and SLAB?
Cirrus Logic's Other Current Assets of €57 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Semiconductors company?
A good Other Current Assets depends on the Semiconductors industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Cirrus Logic. Cirrus Logic's current Other Current Assets is €57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirrus Logic stock overvalued right now?
Based on GuruFocus' analysis, Cirrus Logic (MIL:1CRUS) is currently considered Modestly Undervalued. The stock's GF Value™ is €127.84, compared to a current price of €105.35 — trading 17.6% below its estimated fair value. The current Other Current Assets is €57 Mil. Cirrus Logic's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Cirrus Logic (MIL:1CRUS), the current Other Current Assets is €57 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cirrus Logic (MIL:1CRUS) Overvalued in 2026?

Based on GuruFocus' analysis, Cirrus Logic stock appears to be undervalued. The current stock price of €105.35 is trading 17.6% below its estimated GF Value™ of €127.84. GuruFocus considers Cirrus Logic to be Modestly Undervalued.

Key valuation signals for MIL:1CRUS:

  • Other Current Assets: €57 Mil
  • GF Value™: €127.84 vs. price of €105.35 (17.6% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the MIL:1CRUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cirrus Logic Business Description

Address 800 W. 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, PCs, tablets, AR/VR headsets, wearables, home theater systems, automotive entertainment systems, and professional audio systems. The firm's products are organized into two streams: audio products and HPMS Products. These products include amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, India, South Korea, and countries across the world.
59GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€105.35
Price
€127.84
GF Value