OTG (Otg Exp) Other Current Assets: $2.80 Mil (As of Dec. 2014)


What is Otg Exp Other Current Assets?

Otg Exp OTG Other Current Assets is $2.80 Mil as of Dec. 2014.

Otg Exp's other current assets for the quarter that ended in Dec. 2014 was $2.80 Mil.

Otg Exp's quarterly other current assets increased from . 20 ($0.00 Mil) to Dec. 2013 ($2.92 Mil) but then declined from Dec. 2013 ($2.92 Mil) to Dec. 2014 ($2.80Mil).

Otg Exp's annual other current assets increased from . 20 ($0.00 Mil) to Dec. 2013 ($2.92 Mil) declined from Dec. 2013 ($2.92 Mil) to Dec. 2014 ($2.80 Mil).

Otg Exp Other Current Assets Related Terms

Otg Exp Other Current Assets Historical Data

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The historical data trend for Otg Exp'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.

Otg Exp Other Current Assets Chart

Otg Exp Annual Data
Trend Dec13 Dec14
Other Current Assets
2.92 2.80

Otg Exp Semi-Annual Data
Dec13 Dec14
Other Current Assets 2.92 2.80

Otg Exp 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 $2.80 Mil mean?
Otg Exp (OTG) has a Other Current Assets of $2.80 Mil as of Dec. 2014. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Otg Exp.
Is Otg Exp's Other Current Assets too high?
Otg Exp's current Other Current Assets is $2.80 Mil.
How does Otg Exp's Other Current Assets compare to IRGTQ and CDIF?
Otg Exp's Other Current Assets of $2.80 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Other Current Assets depends on the Restaurants 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 Otg Exp. Otg Exp's current Other Current Assets is $2.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otg Exp stock overvalued right now?
Otg Exp (OTG) has a current Other Current Assets of $2.80 Mil. The current Other Current Assets is $2.80 Mil. 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 Otg Exp (OTG), the current Other Current Assets is $2.80 Mil as of Dec. 2014. 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.

Otg Exp Business Description

Otg Exp Inc was incorporated on October 27, 2015 in Delaware. It is a travel restaurateur with operations in North America with more than 220 locations in 23 terminals across 10 airports. The Company designs, develops, operates and manages the terminal concessions programs, which refers to the programs where it either operates all of the F&B concessions or F&B and N&G concessions or have management authority over the concession program or terminal. The Company operates in the United States and Canada. It has relationships with manufacturers that deliver products directly to its concession locations. OTG's customers are comprised of two distinct groups. The first group includes airlines, such as United, Delta and JetBlue, airport operators and concession program managers. The other commercial enterprises include car rental companies, hotel chains and online shopping sites. The second group consists of the airport users, which include passengers, airline and airport employees. It competes with concession program companies, such as HMSHost Corporation, SSP Group and Hudson Group, as well as other regional and local concessionaires. The Company is subject to federal, state and local government regulations, including those relating to, among others, public health and safety, zoning and fire codes. Failure to obtain or retain food service, health permit or other licenses and approvals would adversely affect its operations.