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Healthcare Services Group (Healthcare Services Group) Other Current Assets : $22 Mil (As of Dec. 2023)


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What is Healthcare Services Group Other Current Assets?

Healthcare Services Group's other current assets for the quarter that ended in Dec. 2023 was $22 Mil.

Healthcare Services Group's quarterly other current assets declined from Jun. 2023 ($26 Mil) to Sep. 2023 ($24 Mil) and declined from Sep. 2023 ($24 Mil) to Dec. 2023 ($22Mil).

Healthcare Services Group's annual other current assets declined from Dec. 2021 ($33 Mil) to Dec. 2022 ($23 Mil) declined from Dec. 2022 ($23 Mil) to Dec. 2023 ($22 Mil).


Healthcare Services Group Other Current Assets Historical Data

The historical data trend for Healthcare Services Group'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.

Healthcare Services Group Other Current Assets Chart

Healthcare Services Group 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 20.24 20.61 32.98 22.58 22.25

Healthcare Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25.19 26.28 23.88 22.25 68.37

Healthcare Services Group 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.


Healthcare Services Group Other Current Assets Related Terms

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Healthcare Services Group (Healthcare Services Group) Business Description

Traded in Other Exchanges
N/A
Address
3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Executives
Kurt Jr Simmons director 3220 TILLMAN DRIVE, BENSALEM PA 19020
Andrew M Brophy officer: Acting Accounting Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Briggs director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Patrick J Orr officer: EVP & Chief Revenue Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Andrew Kush officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Dino D Ottaviano director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Michael E Mcbryan director, officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Robert L Frome director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Laura K Grant director 3220 TILLMAN, DRIVE, BENSALEM PA 19020
Robert J Moss director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Daniela Castagnino director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Diane S Casey director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Christopher Shea officer: Chief Financial Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
David Hurlock officer: Executive Vice President & COO 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Daniel P Mccartney director, officer: Chief Executive Officer 3220 TILLMAN DR, SUITE 300, BENSALEM PA 19020

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