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Barrett Business Services (Barrett Business Services) Other Current Assets : $116 Mil (As of Dec. 2023)


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What is Barrett Business Services Other Current Assets?

Barrett Business Services's other current assets for the quarter that ended in Dec. 2023 was $116 Mil.

Barrett Business Services's quarterly other current assets increased from Jun. 2023 ($87 Mil) to Sep. 2023 ($93 Mil) and increased from Sep. 2023 ($93 Mil) to Dec. 2023 ($116Mil).

Barrett Business Services's annual other current assets increased from Dec. 2021 ($85 Mil) to Dec. 2022 ($131 Mil) declined from Dec. 2022 ($131 Mil) to Dec. 2023 ($116 Mil).


Barrett Business Services Other Current Assets Historical Data

The historical data trend for Barrett Business Services'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.

Barrett Business Services Other Current Assets Chart

Barrett Business Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.79 112.95 84.84 130.78 115.91

Barrett Business Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 130.78 128.77 86.60 93.01 115.91

Barrett Business Services 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.


Barrett Business Services Other Current Assets Related Terms

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Barrett Business Services (Barrett Business Services) Business Description

Traded in Other Exchanges
Address
8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll taxes services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.
Executives
Joseph Stephen Clabby director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Anthony Meeker director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Thomas J Carley director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Jon L Justesen director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Alexandra Morehouse Mcreynolds director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gary Kramer officer: VP - Finance, Treas. & Sec. 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Vincent P Price director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James B Hicks director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Carla A Moradi director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James R Potts officer: EVP Gen Counsel & Secretary 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Anthony J Harris officer: Chief Financial Officer 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Gerald Blotz officer: VP and COO--Field Operations 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Michael L Elich officer: VP and Chief Operating Officer 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gregory R Vaughn officer: Vice President 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662