GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (OSTO:SKIS B) » Definitions » Other Current Assets

SkiStar AB (OSTO:SKIS B) Other Current Assets : kr1 Mil (As of May. 2025)


View and export this data going back to 1994. Start your Free Trial

What is SkiStar AB Other Current Assets?

SkiStar AB's other current assets for the quarter that ended in May. 2025 was kr1 Mil.

SkiStar AB's quarterly other current assets declined from Nov. 2024 (kr112 Mil) to Feb. 2025 (kr1 Mil) but then increased from Feb. 2025 (kr1 Mil) to May. 2025 (kr1Mil).

SkiStar AB's annual other current assets increased from Aug. 2022 (kr76 Mil) to Aug. 2023 (kr198 Mil) declined from Aug. 2023 (kr198 Mil) to Aug. 2024 (kr165 Mil).


SkiStar AB Other Current Assets Historical Data

The historical data trend for SkiStar AB'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.

SkiStar AB Other Current Assets Chart

SkiStar AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.05 490.61 76.21 197.63 165.33

SkiStar AB Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 16.52 165.33 111.64 0.64 0.75

SkiStar AB 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.


SkiStar AB Other Current Assets Related Terms

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


SkiStar AB Business Description

Traded in Other Exchanges
Address
Malung-Salen, Dalarna, Salen, SWE, 78091
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has an online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the following segments; Operation of Mountain Resorts; Property Development and Operation of Hotels. A majority of its revenue is generated from the Operation of Mountain Resorts segment which comprises the operation of ski resorts and the sale of all products and services in this area, such as SkiPass, accommodation, activities, skishop products, etc. The company also manages accommodation properties for hire and owns the land for development.

SkiStar AB Headlines

No Headlines