Other Receivable, Net
OtherReceivablesNetCurrentNontradeReceivablesCurrentOtherReceivablesOther receivables, net, are amounts owed to a company by parties other than its customers for ordinary sales, reported after subtracting any allowance for amounts it does not expect to collect. They arise from transactions outside the normal selling cycle, such as tax refunds due, insurance claims, amounts owed by suppliers under rebate programs, proceeds due from the sale of an asset, and advances to employees.
The balance usually refers to amounts expected within a year and sits among current assets. Longer-dated items of the same kind are reported with noncurrent assets.
Regulation S-X Rule 5-02.3 asks commercial companies to show receivables by source: trade customers, related parties, underwriters, promoters and employees (for amounts that arose outside the ordinary course of business), and others. Other receivables correspond to the last of these groups. In XBRL, companies commonly tag the net current balance as OtherReceivablesNetCurrent or NontradeReceivablesCurrent, and use OtherReceivables when the amount is not split between current and noncurrent.
The "net" refers to the allowance for credit losses. Under ASC 326, the current expected credit loss model, a company estimates the losses it expects over the life of its receivables and carries them net of that estimate. For many non-trade items, such as government tax refunds, the expected loss is small, so the gross and net figures are close.
Other receivables are usually minor, but a balance that grows quickly deserves a look at the footnote. Large vendor rebates receivable, amounts owed by a buyer after a divestiture, or receivables from related parties can carry different collection risk from customer invoices. Because these items are not generated by sales, they should be left out of receivables-based ratios such as days sales outstanding.
A: Accounts receivable come from selling goods and services to customers on credit. Other receivables come from everything else, such as tax refunds, insurance recoveries, supplier rebates, and asset sales.
A: They are shown after the allowance for credit losses, the amount the company expects not to collect. Reporting them net means the balance reflects the cash the company actually expects to receive.
A: No. Days sales outstanding measures how quickly customers pay for sales, so only trade receivables belong in it. Including non-trade balances overstates how long customers take to pay.
GeminIQ turns SEC EDGAR filings into interactive fundamental analysis. Explore the financial ratios and metrics library, the SEC filings glossary, or start screening every US public company.
Start 7-Day Free Trial →