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The Container Store Group (The Container Store Group) Other Current Assets : $24.0 Mil (As of Mar. 2024)


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What is The Container Store Group Other Current Assets?

The Container Store Group's other current assets for the quarter that ended in Mar. 2024 was $24.0 Mil.

The Container Store Group's quarterly other current assets increased from Sep. 2023 ($22.2 Mil) to Dec. 2023 ($25.9 Mil) but then declined from Dec. 2023 ($25.9 Mil) to Mar. 2024 ($24.0Mil).

The Container Store Group's annual other current assets increased from Mar. 2022 ($21.5 Mil) to Mar. 2023 ($25.9 Mil) declined from Mar. 2023 ($25.9 Mil) to Mar. 2024 ($24.0 Mil).


The Container Store Group Other Current Assets Historical Data

The historical data trend for The Container Store Group'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.

The Container Store Group Other Current Assets Chart

The Container Store Group Annual Data
Trend Feb15 Feb16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.76 25.98 21.46 25.90 23.99

The Container Store Group 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 25.90 24.61 22.18 25.86 23.99

The Container Store Group 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.


The Container Store Group Other Current Assets Related Terms

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The Container Store Group (The Container Store Group) Business Description

Traded in Other Exchanges
Address
500 Freeport Parkway, Coppell, TX, USA, 75019
The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.
Executives
Satish Malhotra director, officer: CEO & President C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019
Robert E Jordan director C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Dhritiman Saha officer: Chief Information Officer C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Jeffrey A Miller officer: VICE PRESIDENT & CAO C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Stacey Shively officer: Chief Merchandising Officer C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Green Equity Investors V, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Nicole Beth Otto director C/O CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Tony Laday director 6820 LBJ FREEWAY, DALLAS TX 75240
Lisa Klinger director C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Wendi Christine Sturgis director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Caryl Stern director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Melissa Collins officer: EVP & Chief Marketing Officer C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
Timothy John Flynn director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
John Kristofer Galashan director, 10 percent owner LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
John Gehre officer: SEE REMARKS C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019