Increase Decrease In Other Current Assets (Historical)
Returns the increase or decrease in other current assets for a company from its cash flow statement. This line item represents changes in miscellaneous current assets that don't fit into specific categories like receivables or inventory.
Understanding the Metric
Other current assets typically include:
- Prepaid expenses
- Deferred charges
- Short-term deposits
- Other miscellaneous current assets
A positive value indicates a decrease in cash (company invested in other current assets). A negative value indicates an increase in cash (other current assets were reduced/converted to cash).
Parameters
| Parameter | Description |
|---|---|
| Symbol | Stock ticker (e.g., AAPL, MSFT) |
| Year | Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1) |
| Quarter | Optional: 1, 2, 3, or 4 (default: 1) |
| TTM | Optional: "TTM" for trailing twelve months |
Period Codes
| Code | Meaning |
|---|---|
| lq | Last reported quarter |
| lq-1 | Quarter before last |
| ly | Last fiscal year |
| ly-1 | Year before last |
| lt | Last trailing twelve months |
| lt-1 | Prior trailing twelve months |
Examples
=hf_Increase_Decrease_in_other_current_assets("AAPL", 2023, 4)=hf_Increase_Decrease_in_other_current_assets("MSFT", "ly")=hf_Increase_Decrease_in_other_current_assets("GOOGL", 2023, , "TTM")=hf_Increase_Decrease_in_other_current_assets(A1, B1, C1)=hf_Increase_Decrease_in_other_current_assets("AMZN", "lq")When to Use
- Analyzing cash flow from working capital changes
- Understanding operating cash flow components
- Tracking changes in prepaid expenses and other current assets
- Building comprehensive cash flow analysis models
- Comparing working capital management across periods
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need total current assets balance | hf_Total_current_assets() |
| Need accounts receivable changes | hf_Increase_Decrease_in_receivables() |
| Need inventory changes | hf_Increase_Decrease_in_inventory() |
| Need current liabilities changes | hf_Increase_Decrease_in_other_current_liabilities() |
Common Issues & FAQ
Q: Why am I getting a positive number when assets decreased? A: In cash flow statements, a decrease in current assets actually increases cash, so the sign convention may seem counterintuitive. Check the sign convention in the company's filing.
Q: Why is the value different from the balance sheet change? A: Cash flow statement adjustments may include non-cash items, reclassifications, or foreign currency adjustments that don't appear in simple balance sheet comparisons.
Q: What's included in "other current assets"? A: Typically prepaid expenses, deferred charges, short-term deposits, and miscellaneous assets not classified elsewhere.
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