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Ryerson Holding (Ryerson Holding) Other Current Assets : $94 Mil (As of Mar. 2024)


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What is Ryerson Holding Other Current Assets?

Ryerson Holding's other current assets for the quarter that ended in Mar. 2024 was $94 Mil.

Ryerson Holding's quarterly other current assets increased from Sep. 2023 ($77 Mil) to Dec. 2023 ($79 Mil) and increased from Dec. 2023 ($79 Mil) to Mar. 2024 ($94Mil).

Ryerson Holding's annual other current assets increased from Dec. 2021 ($79 Mil) to Dec. 2022 ($89 Mil) declined from Dec. 2022 ($89 Mil) to Dec. 2023 ($79 Mil).


Ryerson Holding Other Current Assets Historical Data

The historical data trend for Ryerson Holding'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.

Ryerson Holding Other Current Assets Chart

Ryerson Holding 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 101.00 58.60 78.90 89.50 78.90

Ryerson Holding 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 86.70 83.70 77.10 78.90 93.70

Ryerson Holding 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.


Ryerson Holding Other Current Assets Related Terms

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Ryerson Holding (Ryerson Holding) Business Description

Traded in Other Exchanges
Address
227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606
Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.
Executives
Alagu Sundarrajan officer: Chief Information Officer 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Edward J. Lehner director, officer: President & CEO C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Mark S. Silver officer: EVP, GC & Chief HR Officer C/O RYERSON HOLDING CORPORATION, 227 W MONROE ST, 27TH FLOOR, CHICAGO IL 60606
Molly D Kannan officer: CAO & Corporate Controller 227 W MONROE ST 27TH FLOOR, CHICAGO IL 60606
Kirk K Calhoun director 8285 EL RIO STREET, SUITE 130, HOUSTON TX 77054
Carruthers Court D director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Stephen P. Larson director C/O RYERSON HOLDING CORPORATION, 227 WEST MONROE, 27TH FLOOR, CHICAGO IL 60606
Platinum Equity Llc 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
James J Claussen officer: Executive Vice President & CFO 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
John E Orth officer: EVP, Operations 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Michael Burbach officer: Chief Operating Officer C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Tom Gores 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Ryps, Llc 10 percent owner 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Ii, Llc 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210