GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cohu Inc (NAS:COHU) » Definitions » Other Current Assets

Cohu (COHU) Other Current Assets : $34.0 Mil (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Cohu Other Current Assets?

Cohu's other current assets for the quarter that ended in Mar. 2024 was $34.0 Mil.

Cohu's quarterly other current assets declined from Sep. 2023 ($33.9 Mil) to Dec. 2023 ($22.7 Mil) but then increased from Dec. 2023 ($22.7 Mil) to Mar. 2024 ($34.0Mil).

Cohu's annual other current assets increased from Dec. 2021 ($17.0 Mil) to Dec. 2022 ($33.0 Mil) declined from Dec. 2022 ($33.0 Mil) to Dec. 2023 ($22.7 Mil).


Cohu Other Current Assets Historical Data

The historical data trend for Cohu'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.

Cohu Other Current Assets Chart

Cohu 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 24.97 20.60 16.96 32.99 22.70

Cohu 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 32.76 32.08 33.90 22.70 34.01

Cohu 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.


Cohu Other Current Assets Related Terms

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


Cohu (COHU) Business Description

Traded in Other Exchanges
Address
12367 Crothwaite Circle, Poway, CA, USA, 92064-6817
Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has two reportable segments, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection) and PCB Test Equipment (PCB Test). The majority of the firm's revenue is derived from the Semiconductor Test and Inspection Equipment segment.
Executives
Thomas D Kampfer officer: VP Corp Dev, GC & Sec C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92128
Ian P Lawee officer: VP & GM Semiconductor Test Grp 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Jeffrey D Jones officer: VP Finance & CFO 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
William Bendush director MICROSEMI CORPORATION, ONE ENTERPRISE, ALISO VIEJO CA 92656
Steven J Bilodeau director C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Andreas W Mattes director C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD, NORTH CANTON OH 44720
Christopher Bohrson officer: VP & General Manager, Delta 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Andrew M Caggia director 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Luis A Muller officer: President, Delta Design, Inc. 12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Yon Jorden director 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039
James A Donahue officer: President & CEO
Pascal Ronde officer: Sr. VP, Global Customer Team LES CONQUERANTS - BATIMENT 1, AVENUE DE L'ATLANTIQUE, LES ULIS I0 91940
Robert L Ciardella director
Lynne J Camp director 714 NW 914TH TERRACE, PORTLAND OR 97229

Cohu (COHU) Headlines

From GuruFocus

Diamondx Selected for Internet of Things Semiconductor Test

By Business Wire Business Wire 05-23-2022

Sense+ Selected by Leading MEMS Sensor Manufacturer

By Business Wire Business Wire 11-07-2022

Cohu to Participate at 25th Annual Needham Virtual Growth Conference

By Business Wire Business Wire 01-09-2023

Cohu to Present at Upcoming Investor Conferences

By Business Wire 08-15-2023

Cohu Appoints Andy Mattes to its Board of Directors

By Business Wire Business Wire 10-31-2022

Cohu To Announce First Quarter 2023 Results on May 4

By Business Wire Business Wire 04-20-2023

Cohu to Participate at Stifel 2022 Midwest One-on-One Growth Conference

By Business Wire Business Wire 10-28-2022

DI-Core Predictive Maintenance Software Selected by Major IDM

By Business Wire Business Wire 12-12-2022