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Staffing 360 Solutions (Staffing 360 Solutions) Other Current Assets : $1.8 Mil (As of Sep. 2023)


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What is Staffing 360 Solutions Other Current Assets?

Staffing 360 Solutions's other current assets for the quarter that ended in Sep. 2023 was $1.8 Mil.

Staffing 360 Solutions's quarterly other current assets declined from Mar. 2023 ($2.2 Mil) to Jun. 2023 ($2.1 Mil) and declined from Jun. 2023 ($2.1 Mil) to Sep. 2023 ($1.8Mil).

Staffing 360 Solutions's annual other current assets declined from Dec. 2020 ($3.3 Mil) to Dec. 2021 ($1.0 Mil) increased from Dec. 2021 ($1.0 Mil) to Dec. 2022 ($1.8 Mil).


Staffing 360 Solutions Other Current Assets Historical Data

The historical data trend for Staffing 360 Solutions'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.

Staffing 360 Solutions Other Current Assets Chart

Staffing 360 Solutions Annual Data
Trend May13 May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.84 3.33 0.99 1.76

Staffing 360 Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.23 1.76 2.20 2.15 1.77

Staffing 360 Solutions 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.


Staffing 360 Solutions Other Current Assets Related Terms

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Staffing 360 Solutions (Staffing 360 Solutions) Business Description

Traded in Other Exchanges
Address
757 3rd Avenue, 27th Floor, New York, NY, USA, 10017
Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.
Executives
Anil Kumar Sharma 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Satvinder Singh 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Rscube Investment, Llc 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Vincent J Cebula director 1301 AVENUE OF THE AMERICAS, 34 TH FLOOR, NEW YORK NY 10019
Brendan Flood director
M Khalid Anwar officer: SVP, Corporate Finance 641 LEXINGTON AVE, NEW YORK NY 10022
Mark Gibbens officer: CFO 245 FREIGHT STREET, WATERBURY CT 06702
Chris Powers officer: Interim CFO 641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Sharnika Viswakula officer: Corporate Controller 641 LEXINGTON AVENUE, 27TH FLOOR, C/O STAFFING 360 SOLUTIONS, INC., NEW YORK NY 10022
Jackson Investment Group, Llc 10 percent owner 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Richard Lee Jackson 10 percent owner 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Alicia Barker director C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Christopher John Lutzo officer: General Counsel and Secretary 355 SUBURBAN AVENUE, FAIRFIELD CT 06825
David Faiman officer: Chief Financial Officer 93 GEORGETOWN ROAD, WESTON CT 06883
Nicholas Florio director C/O STAFFING 360, 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022

Staffing 360 Solutions (Staffing 360 Solutions) Headlines