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Frontier Developments (STU:5FD) Other Current Assets : €6.7 Mil (As of Nov. 2023)


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What is Frontier Developments Other Current Assets?

Frontier Developments's other current assets for the quarter that ended in Nov. 2023 was €6.7 Mil.

Frontier Developments's quarterly other current assets increased from Nov. 2022 (€4.7 Mil) to May. 2023 (€11.6 Mil) but then declined from May. 2023 (€11.6 Mil) to Nov. 2023 (€6.7Mil).

Frontier Developments's annual other current assets increased from May. 2021 (€8.1 Mil) to May. 2022 (€9.7 Mil) increased from May. 2022 (€9.7 Mil) to May. 2023 (€11.6 Mil).


Frontier Developments Other Current Assets Historical Data

The historical data trend for Frontier Developments'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.

Frontier Developments Other Current Assets Chart

Frontier Developments Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 3.07 8.15 9.69 11.60

Frontier Developments Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 2.96 9.69 4.71 11.60 6.67

Frontier Developments 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.


Frontier Developments Other Current Assets Related Terms

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Frontier Developments (STU:5FD) Business Description

Traded in Other Exchanges
Address
Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP
Frontier Developments PLC develops video games for the interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has only one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the US. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

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