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Professional Diversity Network (Professional Diversity Network) Other Current Assets : $0.55 Mil (As of Mar. 2024)


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What is Professional Diversity Network Other Current Assets?

Professional Diversity Network's other current assets for the quarter that ended in Mar. 2024 was $0.55 Mil.

Professional Diversity Network's quarterly other current assets declined from Sep. 2023 ($0.68 Mil) to Dec. 2023 ($0.56 Mil) and declined from Dec. 2023 ($0.56 Mil) to Mar. 2024 ($0.55Mil).

Professional Diversity Network's annual other current assets declined from Dec. 2021 ($0.46 Mil) to Dec. 2022 ($0.35 Mil) increased from Dec. 2022 ($0.35 Mil) to Dec. 2023 ($0.56 Mil).


Professional Diversity Network Other Current Assets Historical Data

The historical data trend for Professional Diversity Network'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.

Professional Diversity Network Other Current Assets Chart

Professional Diversity Network 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 0.35 0.40 0.46 0.35 0.56

Professional Diversity Network 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 0.33 0.81 0.68 0.56 0.55

Professional Diversity Network 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.


Professional Diversity Network Other Current Assets Related Terms

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Professional Diversity Network (Professional Diversity Network) Business Description

Traded in Other Exchanges
Address
55 East Monroe Street, Suite 2120, Chicago, IL, USA, 60603
Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates revenues from paid membership subscriptions and related services, recruitment services, product sales, education & training, and consumer advertising & consumer marketing solutions.
Executives
Yu-jin Chou officer: Secretary 55 E MONROE STREET, SUITE2120, CHICAGO IL 60603
Hongjun Chen 10 percent owner 55 E MONROE STREET, STE 2250, CHICAGO IL 60603
Larry S Aichler officer: Interim CFO 55 E MONROE ST, STE 2120, CHICAGO IL 60603
Christopher Renn director 55 E MONROE ST, SUITE# 2120, CHICAGO IL 60603
Esquivel Russell J Jr. officer: SVP 26844 N 73RD DR, PEORIA AZ 85383
Megan Elizabeth Bozzuto officer: SVP 162 EAST ST, SHARON MA 02067
Grace Reyes director 1191 SOLANO AVENUE #6315, ALBANY CA 94706
Charles Martin Obrien officer: Interim CFO 1131 WARWICK CIRCLE N., HOFFMAN ESTATES IL 60169
Malven Group Ltd 10 percent owner UNIT A, 21/F., CMA BUILDING, 64 CONNAUGHT ROAD CENTRAL, CENTRAL K3 00000
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Maoji Wang director 13-1-902, BAIWANGJIAYUAN EAST SECTOR, DONGBEIWANG, HAIDIAN DISTRICT, BEIJING F4 000000
Lida Fang director 77 N 3RD RING MIDDLE RD, 24TH FLOOR, ROOM 1105, BEIJING F4 100080
Haibin Gong director 408 NO. 18 BLDG XILI MAJIABAO YANGQIAO, FENGTAI DISTRICT BEIJING CITY F4 100039
Michael D Belsky director 213 LEONARD WOOD NORTH, UNIT 101, HIGHLAND PARK IL 60035
James R Kirsch director, 10 percent owner, officer: Chief Executive Officer 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607