GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Auto Trader Group PLC (CHIX:AUTOl) » Definitions » Other Current Assets

Auto Trader Group (CHIX:AUTOL) Other Current Assets : £0.7 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Auto Trader Group Other Current Assets?

Auto Trader Group's other current assets for the quarter that ended in Mar. 2024 was £0.7 Mil.

Auto Trader Group's quarterly other current assets declined from Mar. 2023 (£6.0 Mil) to Sep. 2023 (£5.6 Mil) and declined from Sep. 2023 (£5.6 Mil) to Mar. 2024 (£0.7Mil).

Auto Trader Group's annual other current assets declined from Mar. 2022 (£6.1 Mil) to Mar. 2023 (£6.0 Mil) declined from Mar. 2023 (£6.0 Mil) to Mar. 2024 (£0.7 Mil).


Auto Trader Group Other Current Assets Historical Data

The historical data trend for Auto Trader 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.

Auto Trader Group Other Current Assets Chart

Auto Trader Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 3.20 6.10 6.00 0.70

Auto Trader Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 6.10 4.80 6.00 5.60 0.70

Auto Trader 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.


Auto Trader Group Other Current Assets Related Terms

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


Auto Trader Group (CHIX:AUTOL) Business Description

Traded in Other Exchanges
Address
1 Tony Wilson Place, 4th Floor, Manchester, GBR, M15 4FN
Auto Trader Group PLC is a digital automotive marketplace based in the UK and Ireland, which provides trading channels for a range of vehicles such as cars, trucks, vans, bikes, and farm machinery, as well as relevant services such as car insurance, loans, valuations, and vehicle check services. The company generates revenue from three streams. It derives trade revenue from retailers and home traders advertising vehicles and using Auto Trader's products, which represent the majority of the group income. Consumer services revenue stems from private sellers placing advertisements and from the company's partners who provide services to consumers. Display advertising revenue is earned from manufacturers or their advertising agencies, which advertise their brand or services on the marketplace.

Auto Trader Group (CHIX:AUTOL) Headlines

No Headlines