GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mansfelder Metals Ltd (OTCPK:MNSF) » Definitions » Other Current Assets

Mansfelder Metals (Mansfelder Metals) Other Current Assets : $1.7 Mil (As of Sep. 2007)


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

What is Mansfelder Metals Other Current Assets?

Mansfelder Metals's other current assets for the quarter that ended in Sep. 2007 was $1.7 Mil.

Mansfelder Metals's quarterly other current assets increased from Mar. 2007 ($1.0 Mil) to Jun. 2007 ($1.6 Mil) and increased from Jun. 2007 ($1.6 Mil) to Sep. 2007 ($1.7Mil).

Mansfelder Metals's annual other current assets increased from Jul. 2004 ($0.2 Mil) to Jul. 2005 ($0.8 Mil) declined from Jul. 2005 ($0.8 Mil) to Dec. 2006 ($0.8 Mil).


Mansfelder Metals Other Current Assets Historical Data

The historical data trend for Mansfelder Metals'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.

Mansfelder Metals Other Current Assets Chart

Mansfelder Metals Annual Data
Trend Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Dec06
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 6.51 0.17 0.82 0.80

Mansfelder Metals Quarterly Data
Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 0.73 0.80 1.03 1.63 1.73

Mansfelder Metals 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.


Mansfelder Metals Other Current Assets Related Terms

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


Mansfelder Metals (Mansfelder Metals) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070
Website
Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.
Executives
Miller Lloyd I Iii 10 percent owner
Stefan Feuerstein officer: Chief Operating Officer BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd 10 percent owner ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii director BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

Mansfelder Metals (Mansfelder Metals) Headlines

No Headlines