Smart & Final Stores (Smart & Final Stores) Other Current Assets : $26 Mil (As of Mar. 2019)

View and export this data going back to 2014. Start your Free Trial

What is Smart & Final Stores Other Current Assets?

Smart & Final Stores's other current assets for the quarter that ended in Mar. 2019 was $26 Mil.

Smart & Final Stores's quarterly other current assets declined from Sep. 2018 ($41 Mil) to Dec. 2018 ($32 Mil) and declined from Dec. 2018 ($32 Mil) to Mar. 2019 ($26Mil).

Smart & Final Stores's annual other current assets declined from Dec. 2016 ($71 Mil) to Dec. 2017 ($54 Mil) declined from Dec. 2017 ($54 Mil) to Dec. 2018 ($32 Mil).

Smart & Final Stores Other Current Assets Historical Data

The historical data trend for Smart & Final Stores'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.

Smart & Final Stores Other Current Assets Chart

Smart & Final Stores Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Other Current Assets

Get a 7-Day Free Trial

48.95

51.54

70.87

54.24

32.35

Smart & Final Stores Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Other Current Assets	Get a 7-Day Free Trial															47.93	32.48	41.14	32.35	25.72

Smart & Final Stores 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.

Smart & Final Stores Other Current Assets Related Terms

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

Smart & Final Stores (Smart & Final Stores) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Smart & Final Stores Inc (NYSE:SFS) » Definitions » Other Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Citadel Drive, Commerce, CA, USA, 90040

Website

http://www.smartandfinal.com

Smart & Final Stores Inc is a U.S.-based company that is principally engaged in food retail. The company operates through stores under the Smart & Final and Cash & Carry banners. The Smart & Final stores target both household and business customers. The Cash & Carry stores mainly provides goods to business customers, including restaurants, caterers, and other foodservice providers, along with community organizations. The company's goods consist of fresh fruits and vegetables, meat, dairy, cheese, grocery, beverage, paper and packaging, restaurant equipment, and janitorial supplies. The majority of the company's stores are located in the west of the United States, with a few in northwestern Mexico in a joint-venture format.

Executives

Derek R Jones	officer: President, Smart Foodservice	C/O 850 - 76TH STREET, S.W., P.O. BOX 8700, GRAND RAPIDS MI 49518
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Corporate Opportunities Fund Iii Lp	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Operating Manager Iii Llc	10 percent owner	C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp	10 percent owner	2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Holdings L.p.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Ares Partners Holdco Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdings Inc.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc	10 percent owner	C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Norman Axelrod	director
Joseph S. Tesoriero	director	C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Ares Corporate Opportunities Fund Iv, L.p.	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Acof Operating Manager Iv, Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067