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Nuzee (NUZE) Other Current Assets : $0.38 Mil (As of Mar. 2024)


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What is Nuzee Other Current Assets?

Nuzee's other current assets for the quarter that ended in Mar. 2024 was $0.38 Mil.

Nuzee's quarterly other current assets declined from Sep. 2023 ($0.42 Mil) to Dec. 2023 ($0.39 Mil) and declined from Dec. 2023 ($0.39 Mil) to Mar. 2024 ($0.38Mil).

Nuzee's annual other current assets increased from Sep. 2021 ($0.48 Mil) to Sep. 2022 ($0.55 Mil) declined from Sep. 2022 ($0.55 Mil) to Sep. 2023 ($0.42 Mil).


Nuzee Other Current Assets Historical Data

The historical data trend for Nuzee'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.

Nuzee Other Current Assets Chart

Nuzee Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.65 0.48 0.55 0.42

Nuzee 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 0.30 0.28 0.42 0.39 0.38

Nuzee 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.


Nuzee Other Current Assets Related Terms

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Nuzee (NUZE) Business Description

Traded in Other Exchanges
Address
1350 East Alpha Road, Suite No 230, Richardson, TX, USA, 75074
Nuzee Inc is a coffee and technologies company. The company is a co-packer of single-serve pour-over coffee, coffee brew bags and Dripkits. The company's brand portfolio includes Coffee Blenders, Twin Peaks, Active Cup, Relax Cup, Think Cup, Nude Cup, Pine Ranch Coffee, and Dripkit. Its geographical segments are North America, which accounts for the majority of revenue; and South Korea.
Executives
Masateru Higashida director, 10 percent owner, officer: See Remarks 10815 RANCHO BERNARDO ROAD, SUITE 250, SAN DIEGO CA 92127
Randell Weaver officer: Chief Financial Officer
Shana Bowman officer: See Remarks 1350 EAST ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Marie Franklin officer: See Remarks 1350 E. ARAPAHO ROAD, SUITE 230, RICHARDSON TX 75081
Patrick J Shearer officer: Chief Financial Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Jose L Ramirez officer: See Remarks 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tomoko Toyota officer: Chief Marketing Officer 1401 CAPITAL AVENUE, SUITE B, PLANO TX 75074
Tracy Ging director 555 SW 7TH STREET #10, DES MOINES IA 50309
David Robson director FARMER BROS.CO., 1912 FARMER BROTHERS DR, NORTHLAKE TX 76262
Nobuki Kurita director TOYOSU 3-4-1-4306, KOTO-KU, TOKYO M0 135-0061
Shanoop Kothari officer: SVP and CFO 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Kevin J Conner director 110 SOUTH STATE STREET, SUITE 200, NEWTOWN PA 18940
James Chris Jones director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Allen S. Morton director 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Travis Gorney officer: President 2865 SCOTT STREET, SUITE 101, VISTA CA 92081