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Speedy AD Sofia (XBUL:SPDY) Other Current Assets : лв4.1 Mil (As of Sep. 2023)


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What is Speedy AD Sofia Other Current Assets?

Speedy AD Sofia's other current assets for the quarter that ended in Sep. 2023 was лв4.1 Mil.

Speedy AD Sofia's quarterly other current assets increased from Mar. 2023 (лв3.6 Mil) to Jun. 2023 (лв4.1 Mil) and increased from Jun. 2023 (лв4.1 Mil) to Sep. 2023 (лв4.1Mil).

Speedy AD Sofia's annual other current assets increased from Dec. 2020 (лв2.5 Mil) to Dec. 2021 (лв3.0 Mil) increased from Dec. 2021 (лв3.0 Mil) to Dec. 2022 (лв3.1 Mil).


Speedy AD Sofia Other Current Assets Historical Data

The historical data trend for Speedy AD Sofia'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.

Speedy AD Sofia Other Current Assets Chart

Speedy AD Sofia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 2.50 2.50 2.96 3.14

Speedy AD Sofia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.40 3.14 3.57 4.11 4.13

Speedy AD Sofia 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.


Speedy AD Sofia Other Current Assets Related Terms

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Speedy AD Sofia (XBUL:SPDY) Business Description

Traded in Other Exchanges
N/A
Address
22 Abagar Street, Logistic Park, 5th Floor, Administrative building Speedy, Sofia, BGR
Speedy AD Sofia is a company engaged in the provisions of courier services. The company offers domestic, international and additional services. Its online services include Trace a shipment, redirect the shipment, MySpeedy, Smart Control, Integration with online stores, Electronic invoices and others.

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